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Alaska extends cooperation agreement with Japanese consortium

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LNG Industry,

The Alaskan Governor, Bill Walker, has announced that the State of Alaska has extended its cooperation agreement with Resources Energy Inc. (REI) – a Japan-based consortium – to develop natural gas from the Cook Inlet, Alaska, US.

The agreement has been extended for an additional two years, lasting to 14 December 2017, and encourages the development of natural gas from the Cook Inlet to supply both Alaskans and the Japanese with cheap energy.

Walker said: “The world market will certainly benefit from Alaska’s rich natural gas reserves, but my number one priority is ensuring that we work toward affordable energy for Alaskan families and businesses.

“Extending this agreement with REI shows Japanese consumers that Alaska is committed to exporting LNG.”

Edited from press release by David Rowlands

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