BP signs cooperation agreement with state to advance gas project
Alaska’s plans for a liquefied natural gas pipeline got a bit of a boost Monday. Oil giant BP and the state have inked a new agreement that calls for BP to assist the state in finding financing for its gas project, known as AKLNG.
In August, BP, ConocoPhillips and ExxonMobil announced they were ending their partnership with Alaska on AKLNG, a mega-project with a price tag of $45 billion to $65 billion. All three companies said an Alaska gasline wasn’t competitive enough for them, at
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