Groups to discuss plans Tuesday for natural gas operation
by dermotcole
 Dermot Cole
Mar 15, 2010 | 1147 views | 4 4 comments | 6 6 recommendations | email to a friend | print | permalink

The key parties in the proposed natural gas deal involving Fairbanks Natural Gas, the Alaska Gasline Port Authority and GVEA plan two public presentations Tuesday on the arrangement.

 



The first is set for noon at the Noel Wien Library. The second is at 6 p.m. at the Carlson Center.



The port authority plans to buy Fairbanks Natural Gas, a private company. GVEA is planning to purchase liquefied natural gas for 15 years. It would be shipped on a fleet of trucks from the North Slope.

 

GVEA would be the largest customer of Fairbanks Natural Gas and its pledge to buy fuel would provide the financial underpinning for the deal. The company would continue to serve its other local customers and expand its coverage.

 

The GVEA board has been reviewing proposed terms of the contract.



GVEA would switch from oil to LNG for its newest North Pole power plant.

 

On Wednesday, a presentation is to be held at 6 p.m. at North Pole City Hall.

 

Among the political questions related to this proposal, there are two at the forefront.

 

These include the purchase price of Fairbanks Natural Gas and how that was determined and whether fuel can be delivered to GVEA at the expected price once the treatment and transportation systems are in place.

 

Supporters of the deal are banking on the notion that the options under discussion for getting natural gas to Fairbanks by a pipeline, large or small, are not going to become a reality within the next decade or so.











Comments
(4)
Comments-icon Post a Comment
john_alaska
|
March 16, 2010
Talk, Talk, Talk,,

What the hell is GVEA getting involved in this for.. they need to get their rear-ends down to Healy and get the coal plant working that was promised 10 years ago...

How much has been wasted on this?? Are we going to let them do it again?? NO WAY... get some new blood in GVEA...
Flatus
|
March 16, 2010
"These include the purchase price of Fairbanks Natural Gas and how that was determined and whether fuel can be delivered to GVEA at the expected price once the treatment and transportation systems are in place."

I definitely want to hear the answer to these questions--I'll be at the Carlson Center tonight.

If GVEA is to be the customer and if there is money to be made, why wouldn't FNG stay in business, sign up GVEA, and make that money?

The reason has to be that it is better to let us taxpayers take the risk of the deal,(which is considerable whatever they tell us,) and take the sellout money, which no doubt is generous, and run.

Fairbanksgas
|
March 15, 2010
What I want to know is how much they are going to charge for the 30,000 gallons per day of propane that they could produce so I can order one of these:

http://www.marathonengine.com/cogeneration.html

With one of these you could heat your entire house and generate enough electricity that GVEA would be paying you.
DistantThunder
|
March 15, 2010
http://s281.photobucket.com/albums/kk209/DistantThunderbolt/?action=view¤t=6inchgaslineP2FBX.jpg

...howzaboutta gasline that we can deploy in 3-months once we get the "Erector Set Kit" delivered to Fairbanks..??
Newsminer.com encourages a lively exchange of ideas regarding topics in the news. Users are solely responsible for the content. Comments are not pre-approved by News-Miner staff. Please keep it clean, respect others and use the 'report abuse' link when necessary. Read our full user's agreement.