Amid plunging gas prices, how competitive is Alaska LNG?

A tanker taking on a shipment at the Kenai LNG plant in October, 2015. (Rachel Waldholz/APRN)
This month, the state committed to another year of work on the Alaska LNG project. That’s the effort to bring natural gas from the North Slope to the Kenai Peninsula for export.
But natural gas prices have been plunging along with oil. In the Asian spot market, gas is selling for a third of what it did two years ago.
Should Alaska be worried?
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Larry Persily says it’s true: the