Sen. Murkowski’s Response Decision to End Denali Project

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Sen. Murkowski’s Response Decision to End Denali Project

The following press release was published by the Senate Committee On Energy & Natural Resources on May 17, 2011. It is reproduced in full below.

FOR IMMEDIATE RELEASE CONTACT: ROBERT DILLON (202) 224-6977

MAY 17, 2011 MEGAN HERMANN (202) 224-7875

Sen. Murkowski’s Response Decision to End Denali Project

WASHINGTON, D.C. - U.S. Sen. Lisa Murkowski, R-Alaska, today released the following statement regarding the announcement that BP and ConocoPhillips were ending their joint Denali project to develop a pipeline to ship Alaska North Slope natural gas to the Lower 48:

“While it’s disappointing that BP and ConocoPhillips have decided to shut down their Denali project, there remains a lot of interest in getting Alaska’s natural gas off the North Slope to Alaska households and bigger markets Outside," Murkowski said. “Ultimately, it will be the market that determines how we monetize our gas resources. I do not believe, though, that this signals an end to those efforts. The good news is that there are still several proposals for both an out-of-state line and an in-state line that could deliver real benefits to Alaskans." For further information, please contact Robert Dillon at 202.224.6977 or Robert_dillon@energy.senate.gov or Megan Hermann at 202.224.7875 or Megan_Hermann@energy.senate.gov.

Visit our website at http://energy.senate.gov/public/

Source: Senate Committee On Energy & Natural Resources

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