LNG plan could devour 1.7M tons of steel
Oct 05, 2012 | 03:48 PM
| Michael Cowden
Tags
liquefied natural gas,
LNG,
LNG export,
Alaska,
Gov. Sean Parnell,
Exxon Mobil,
BP,
ConocoPhillips
TransCanada
CHICAGO — A multibillion "mega-project" to export liquefied natural gas (LNG) from Alaska could consume nearly 2 million tons of steel, but might also take many years to complete, according to a group of energy companies spearheading the effort.
The project, "of unprecedented scale," is expected to cost $45 billion to $65 billion and to consume up to 1.7 million tons of steel, according to a document sent to the office of Alaska Gov. Sean Parnell this past week. During the peak construction phase, it is also expected to create 15,000 jobs.....
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