It is time to rethink the gas line

As we speak, ships are under construction in South Korea that could receive and process Alaska’s gas directly from the North Slope. Shell is buying one. Floating LNG processing plants liquefy the gas and offload to LNG tankers. The processing ships are twice as big as any ships ever constructed. The Navy needs ports in the Arctic. Trump’s increased military budget can build them. Aircraft carriers draft 38 feet; the floating LNG plants will need 40. No pipeline, and no onshore processing plant could saves $60 billion. We’d be in the market much sooner, and relieves us of risk that the price of gas could plummet between now and pipeline completion. Offload gas in the summer, reinjection in the winter. Leave it in the ground if prices drop. Just to be economic, a gas line would require so much gas that field pressure would be lost and much more valuable oil would be left in the ground. It is time to rethink the gas line… Click here to see ship: https://www.youtube.com/watch?v=nVs9qjF5Uzo

Ray Metcalfe

Anchorage