Under the terms of the agreement, the companies will seek to advance the project by working together to identify ways to improve the project’s competitiveness, and progress the Federal Energy Regulatory Commission (FERC) authorisation to construct the project.
AGDC Interim President, Joe Dubler, said: “Our respective organisations share an interest in the successful commercialisation of Alaska’s stranded North Slope natural gas. BP and ExxonMobil possess world class LNG expertise which may help AGDC responsibly advance this project with maximum efficiency for the benefit of Alaskans, and I welcome their collaboration.”