Arctic gas proves hard to develop
Alaska is making another attempt to develop its North Slope gas reserves by offering incentives for the building of a pipeline to the Lower‐48 states. Without the line, the 35 trillion cf of reserves are likely to remain undeveloped. Canada, too, has an Arctic gas scheme that it wants to develop to...
Published in: | Oil and Energy Trends |
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Format: | Article in Journal/Newspaper |
Language: | English |
Published: |
Wiley
2007
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Subjects: | |
Online Access: | http://dx.doi.org/10.1111/j.1744-7992.2007.320207.x https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fj.1744-7992.2007.320207.x https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1744-7992.2007.320207.x |
Summary: | Alaska is making another attempt to develop its North Slope gas reserves by offering incentives for the building of a pipeline to the Lower‐48 states. Without the line, the 35 trillion cf of reserves are likely to remain undeveloped. Canada, too, has an Arctic gas scheme that it wants to develop to supply markets further south. Arctic gas is seen by Washington as making an important contribution to the energy security of the US; but there are major political, economic and environmental obstacles to the development of its reserves. There may even be a problem with the reserves themselves, since there is no reliable estimate of how much gas actually lies under the Arctic. |
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