Our Goal: Gas for Alaskans!
Project Milestones (2009 – present)
The Mission of the ASAP is to develop and sanction a natural gas pipeline which is designed to deliver natural gas from the North Slope of Alaska to South-central Alaska, serving as many communities as practicable, with an affordable, long-term energy solution.
The Alaska Stand Alone Pipeline (ASAP) is Alaska’s in-state natural gas pipeline project designed to develop an affordable, long-term energy solution for Fairbanks, South-central, and as many other Alaskan communities as possible. The 727-mile, low pressure pipeline will run from Prudhoe Bay to Point MacKenzie, with a 30-mile lateral line between the main pipeline and Fairbanks.
The Alaska Gasline Development Corporation (AGDC) released its Project Plan Year-End Update on January 11, 2013. The report makes recommendations to the state with the goal of bringing energy to Alaskans as quickly and economically as possible. It is projected that an in-state gasline could deliver gas to communities by 2020 with construction beginning in 2016. The estimated cost is $9.97 billion to be financed with a combination of debt and equity from the owners.
The pipeline would carry up to 500 million cubic feet per day of consumer grade “lean gas.” Lean gas is energy ready for delivery to, and consumption by, customers. ASAP project optimization confirms that the “lean gas” design model improves tariffs for the Interior, reduces overall project risk, reduces the impact on the environment, and presents the potential for more community natural gas takeoffs along the alignment.
The benefits of ASAP include providing a reliable, affordable energy source to the residents of Alaska. Contracts for natural gas could be negotiated for periods of 20-30 years with a fixed price. The demand for natural gas could bring other rural communities on-line, creating utility co-ops, and forming companies to deliver natural gas. The goal of ASAP is to develop Alaska’s gas potential for the maximum benefits of Alaskans ̶ including providing 8,000 jobs during construction, increasing energy supply and security, boosting the state’s economic opportunities, and increasing public revenue from Alaska’s energy basins.