Arctic Resources Planning $8 Billion North Slope Natural Gas Pipeline Alternative

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Arctic Resources Corporation LLC (Houston Texas) is planning to construct a new natural gas pipeline (PEC 49000013) to export Alaskan gas to the lower 48 states. The eight billion dollar project would entail the phased construction of two 36" diameter pipelines to deliver 5.2 Bcf/d of gas from Alaska's North Slope to Edmonton Alberta.

The twin 1,740-mile pipelines would require fourteen natural gas compressor stations ranging in size from an 85,000 horsepower station at the point of origination to smaller 42,000 horsepower stations along the pipeline.

Arctic Resources pipeline would take what is called the "Over The Top" route and would originate on the North Slope and travel offshore at Prudhoe Bay, go under the Beaufort Sea and make land fall in northern Canada in the Mackenzie Delta then follow the Mackenzie River on a southerly course and terminate near Edmonton.

This pipeline route is an alternate proposal to the Alaskan Highway route sponsored by ExxonMobil & BP, which is favored by the Government of Alaska. The Alaskan Highway route or "Southern Project" would itself originate in Prudhoe Bay and terminate near the Chicago Illinois area. The southern route carries a price tag of between 16 & 20 billion dollars and would require government guaranties on gas prices.

Arctic Resources expects some political issues in Washington on routing to be decided in September of 2004 and hopes to begin initial work on the project in the winter of 2004 with the last phase in place by 2009. With a capacity of 5.2 Bcf/d the project would have a life span of at least twenty-five years.