Nov 10 (Reuters) - Oilfield services provider Baker
Hughes ( BKR ) will supply key equipment for the proposed Alaska
LNG project that aims to build a pipeline and terminal to send
natural gas from the North Slope of Alaska for export to Asia
and other markets, the project's top developer said on Monday.
PROJECT DETAILS
-- Baker Hughes ( BKR ) will supply refrigerant compressors for the
terminal and power generation equipment for a gas treatment
plant on the North Slope.
-- The $44 billion project involves building an 800-mile
(1,287-km) pipeline to transport gas from Alaska's North Slope
to the Gulf of Alaska for liquefaction and export.
-- The project has received new impetus under President
Donald Trump, who wants to maximize fossil fuel development, but
faces hurdles including high costs and rugged terrain.
-- "With someone like Baker Hughes ( BKR ) coming in it's a stamp of
approval," said Brendan Duval, CEO of Glenfarne Group, the
project's lead developer.
-- Glenfarne bought a 75% stake in Alaska LNG in March from
the Alaska Gasline Development Corporation.
-- A final engineering study is expected late this year, with
investment decisions on the pipeline expected early next year
and the terminal in late 2026.