HOME  >  PRODUCTION  >  Production News

Alaska approves pipeline

The Alaskan Senate is expected to pass the bill approving TransCanada’s bid by 2 August.

Published Jul 23, 2008
print Print email E-mail

Alaska’s House of Representatives has given the green light to TransCanada Corp to construct a 2,700km pipeline to transport gas reserves in the state’s North Slope region.

The chamber voted in favour of a bill backed by Governor Sarah Palin that will grant TransCanada a state licence for the pipeline to bring the gas to North American markets.

The Alaskan Senate is expected to pass the bill approving TransCanada’s bid by 2 August.

TransCanada said the project will cost US $26 Bn, while consultants hired by Alaska estimate the cost at nearer $31 Bn.