Interior Energy Project

Tim Ellis/KUAC

The Interior Gas Utility has scheduled a couple of public meetings for later this month to inform Fairbanks North Star Borough residents about the status of the IGU board’s proposal to buy Pentex Alaska Natural Gas Company as part of the local utility’s efforts to build a natural-gas distribution system for Fairbanks and North Pole.


Interior Energy Project

The Fairbanks North Star Borough’s Interior Gas Utility is considering taking control of the state backed Interior Energy Project. Its aimed at increasing the supply of natural gas in the Fairbanks area, and the Alaska Industrial Development and Export Authority has shepherded the effort to a point where it’s ready for transfer to the local non-profit utility. As KUAC’s Dan Bross reports, the IGU is weighing risks and benefits as it looks at taking on the project.

Alaska Industrial Development and Export Authority

The fate of the long pursued Interior Energy Project will soon come into better focus. The state funded effort hinges on a natural gas supply from Cook Inlet, and as KUAC’s Dan Bross reports, that’s expected next month.

Alaska Industrial Development and Export Authority

The Interior Gas Utility and Alaska Industrial Development and Export Authority have approved a memorandum of understanding to forward the Interior Energy Project. The state funded IEP is aimed at increasing the availability of gas in the city, as a less expensive and cleaner burning alternative to other fossil fuels and wood. The project has a lot of moving parts and is behind schedule, but as KUAC’s Dan Bross reports, the MOU is a key step.

GVEA OPTS FOR NAPHTHA

Dec 16, 2015

Golden Valley Electric Association is favoring oil over natural gas to fuel large generators in North Pole. As KUAC’s Dan Bross reports, the move reduces the utilities role as an anchor tenant for the state backed Interior Energy Project.

I.E.P. Tries Again

Sep 16, 2015
Alaska Industrial Development and Export Authority

The Alaska Industrial Development and Export Authority will select a partner for the Interior Energy Project by the end of the year. AIDEA chose finalists earlier this month following a request for proposed plans to supply Fairbanks with natural gas.  An earlier public private partnership yielded a North Slope gas plan that proved to be too expensive. As KUAC’s Dan Bross reports, a review committee will consider the latest proposals and how state financing can be used to leverage a project.

(Fairbanks, Ak.) The Alaska Industrial Development and Export Authority has released some details on proposals to supply natural gas to the Interior Energy Project. An AIDEA press release lists 16 proposals, including 9 for Cook Inlet liquefied natural gas processing plants, 3 for plants on the North Slope, plus proposals for a pipeline to the interior from Cook Inlet, imported LNG and imported propane. No names or dollar figures are listed. AIDEA said earlier this month that it will release additional information after an IEP project partner is recommended to the AIDEA board. ###

(Fairbanks, Ak.) Alaska Attorney General Craig Richards has rejected the proposed sale of a Cook Inlet natural gas processing facility that’s targeted for expansion to produce more gas for Fairbanks. In an August 3rd letter to Hilcorp affiliate Harvest Pipeline Company, Richards formally turns down a sale agreement under which the Fairbanks Natural Gas owned Titan LNG facility at Pt. McKenzie would be sold to Harvest.

IEP Gas Proposals In

Aug 5, 2015

(Fairbanks, AK.) The deadline for proposals to supply the State lead Interior Energy Project with natural gas was Monday. The Alaska Industrial Development and Export Authority is managing the project, and  AIDEA spokesman Karsten Rodvik says the state corporation is considering a range of possibilities for getting affordable gas to the interior.

“These options that we are looking at include both Cook Inlet and North Slope LNG, and in state propane or imported propane, and small diameter pipeline as well, so everything is on the table.”

State lead Interior Energy Project efforts to get natural gas to Fairbanks would slow down if recent legislative actions hold.  As KUAC’s Dan Bross reports, the project has re-focused from North Slope to Cook Inlet gas in recent months, and state legislators are tweaking earlier approved bills funding the effort.

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