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AMERICAS OIL: Alaska Senator Urges Asian Allies to Back Gas Pipeline

AMERICAS OIL
USEnergy BulletsNorth AmericaBulletCommodities

Alaska Senator Urges Asian Allies to Back Gas Pipeline, Warns of China: Reuters

  • Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.
  • Sullivan, a Republican, said he would not be surprised if the project, involving a $44 billion gas pipeline in Alaska, comes up when President Donald Trump meets Japanese Prime Minister Shigeru Ishiba at the White House on Friday.
  • Officials familiar with the matter have told Reuters that Japan is considering offering support for the pipeline as it seeks to court Trump and forestall potential trade friction.
  • Japan has doubts about the viability of the proposed 800-mile pipeline – intended to link fields in Alaska's north to a port in the south, where gas would be liquefied and shipped to Asian customers – because of the overall costs of the gas relative to other sources. But it is prepared to offer to explore a deal if asked, the officials said.
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Alaska Senator Urges Asian Allies to Back Gas Pipeline, Warns of China: Reuters

  • Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.
  • Sullivan, a Republican, said he would not be surprised if the project, involving a $44 billion gas pipeline in Alaska, comes up when President Donald Trump meets Japanese Prime Minister Shigeru Ishiba at the White House on Friday.
  • Officials familiar with the matter have told Reuters that Japan is considering offering support for the pipeline as it seeks to court Trump and forestall potential trade friction.
  • Japan has doubts about the viability of the proposed 800-mile pipeline – intended to link fields in Alaska's north to a port in the south, where gas would be liquefied and shipped to Asian customers – because of the overall costs of the gas relative to other sources. But it is prepared to offer to explore a deal if asked, the officials said.