SOURCE: Zeus Development Corporation

Zeus Development Corporation

October 17, 2013 07:30 ET

Alaska Lt. Governor to Join Industry Leaders to Discuss North American LNG Exports, Dec. 12, Houston Four Seasons Hotel

HOUSTON, TX--(Marketwired - Oct 17, 2013) - Alaskan Lieutenant Governor Mead Treadwell is slated to deliver the luncheon address, Dec. 12, 2013, to the North American LNG Exports conference at the Houston Four Seasons hotel. Organized annually by Zeus Development Corporation, the meeting brings together project developers, financiers, analysts, regulators, contractors and elected offices to discuss and in some cases debate this exciting trend. 

"The push from the State of Alaska to develop a new export terminal is essential to getting the project off the ground," noted Tom Campbell, Zeus' head of analysis. "Alaskans benefit greatly from their natural resources. The state government is working hard to facilitate a project that could benefit Alaskans for 50 years."

On October 7, project partners ExxonMobil, BP, ConocoPhillips and TransCanada reported their planned site for the export terminal in the Nikiski area of the Kenai Peninsula, south of Anchorage. Natural gas will be sourced from the North Slope via an 800-mile pipeline. The liquefaction and export plant will be one of the world's largest, exporting of up to 3.5 billion cubic feet per day (25 million tonnes per year). In July, the U.S. set a record by producing and marketing 73 billion cubic feet of natural gas. First shipments from the Alaska project are expected in the 2021 to 2022 time frame. Estimates put the project cost between US$45 billion and US$65 billion with much of the budget going toward pipeline construction. 

Lt. Governor Treadwell will be joined by project developers of other major North American export projects, including Michael S Smith, chairman and CEO, Freeport LNG; Martin Houston, executive director and COO, BG Group; and Jamie Welch, group CFO, Energy Transfer, among others.

More information is available at http://www.northamericanlngexports.com, or by contacting Zeus' conference representatives at (713) 952-9500.

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