Hellenic Shipping News: China deal seen as no guarantee for Alaska LNG export project

11 November 2017: ” The announcement, made with fanfare as part of U.S. President Donald Trump’s state visit to China, lacked key details about binding offtake agreements or financing, analysts said. The parties involved have pledged to work out details over the next year. “This is a typical announcement that comes out of these big summits,” said Jason Feer, of energy consultancy Poten & Partners. “You really can’t build, or get financing for a big project, unless all those pieces are in place.” Alaska LNG, backed by the state-owned Alaska Gasline Development Corp (AGDC) with input from North Slope energy producers, envisions a lengthy pipeline from the North Slope to an export terminal in south-central Alaska. With both China and the United States pushing the project, it will likely ensure Chinese LNG buyers seriously consider Alaska LNG when they look to sign new offtake deals, said Feer.”   To read full article, click here. “