Exxon joins Alaska government/TransCanada project

July 2009
InTech;Jul2009, Vol. 56 Issue 7, p38
The article focuses on a natural-gas pipeline project that would link Alaska's North Slope to Chicago, Illinois. According to Exxon Mobil Corp., which controls the largest share of natural gas on the remote North Slope, it is joining a present effort by TransCanada Corp. to establish a pipeline. It says that the TransCanada proposal has the support of the Alaskan government, which passed law to give up to $500 million in funds to pay for preliminary work. It also reveals that Alaska's North Slope carries some 35 trillion cubic feet of known gas reserves.


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