TransCanada and ExxonMobil began working together in 2009 to develop the Alaska Pipeline Project (APP). The project is designed to connect Alaska's North Slope natural gas resources to new markets and deliver a reliable and secure source of clean burning energy for decades to come. TransCanada and ExxonMobil have the expertise, experience, and financial capability to develop what would be one of the largest privately funded energy projects in the history of North America. Together they bring to the effort a strong history of world class technology, experience working in the Arctic, and the proven ability to build and operate projects of enormous scale in the most challenging environments.
In March 2012 APP and the major Alaska North Slope gas Producers (ExxonMobil, ConocoPhillips and BP) agreed to work together on the next generation of resource development in Alaska. Recognizing that the global market is evolving rapidly, the four companies are evaluating options for a large-scale liquefied natural gas (LNG) export facility from south-central Alaska as an alternative to a natural gas pipeline through Alberta. This joint work effort represents substantial progress towards aligning all parties necessary for a successful natural gas pipeline project.
The Alaska Pipeline Project continues to operate under the Alaska Gasline Inducement Act (AGIA) framework. Read more about AGIA.