SOURCE: Zeus Development Corporation
HOUSTON, TX--(Marketwired - Oct 25, 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, suppliers, regulators, and elected officials to discuss and sometimes debate America's future role in LNG.
"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 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.
The conference will feature a dinner cruise past North America's most advanced LNG export plant: Cheniere Energy's 18-million-tonne-per-year, four-train Sabine Pass Liquefaction bidirectional terminal. On Dec. 11, Jason French, director of government and public affairs at Cheniere, will narrate to allow guests to comprehend the magnitude of one of the world's largest capital projects as well as view locations for future Trains 5 and 6.
More information is available at http://www.northamericanlngexports.com, or by contacting Zeus' conference representatives at (713) 952-9500.