IGU News

Another LNG option

Plans move forward for Houston plant for shipping LNG on Alaska Railroad ALAN BAILEY Petroleum News 2/17/17 A new option for liquefying and marketing natural gas from Alaska’s Cook Inlet has emerged in the form of a proposed liquefied natural gas plant located in Houston, Alaska, to produce LNG for shipment on the Alaska Railroad. [...]

By | 2017-02-17T15:31:56+00:00 February 17th, 2017|Interior Gas News, Related Industry News|Comments Off on Another LNG option

More Progress Toward Interior Gas

Submitted by Staff Reporter on 01/12/2017 - 17:35. Watch News Clip It was up to the Alaska Industrial Development and Export Authority, or AIDEA, last (WED) night to approve the non-binding Memorandum of Understanding which passed by the Interior Gas Utility board early Tuesday evening. AIDEA has been in active negotiations with I-G-U over the [...]

By | 2017-01-17T10:40:00+00:00 January 17th, 2017|Interior Gas News|Comments Off on More Progress Toward Interior Gas

Going for integration

IGU, AIDEA boards approve MOU for consolidation of Fairbanks gas utilities ALAN BAILEY Petroleum News The boards of the Interior Gas Utility and the Alaska Industrial Development and Export Authority have both approved a memorandum of understanding, setting out terms under which IGU may purchase Pentex Natural Gas Co. to form an integrated business for [...]

By | 2017-01-17T10:36:27+00:00 January 17th, 2017|Interior Gas News|Comments Off on Going for integration

State moves on sale of LNG facilities to get natural gas to Fairbanks

Author: Alex DeMarban Jan 12, 2017 Alaska Dispatch News The state and a Fairbanks utility finalized a preliminary deal this week setting the stage for a $330 million plan to boost natural gas shipments to the Fairbanks region to lower energy costs and reduce air pollution there. The Alaska Industrial Development and Export Authority approved the [...]

By | 2017-01-17T10:31:58+00:00 January 17th, 2017|Interior Gas News|Comments Off on State moves on sale of LNG facilities to get natural gas to Fairbanks

AIDEA Makes IGU’s Acquisition Of Pentex Alaska Official With Approval

Submitted by Brandon Smith on Thu, 01/12/2017 - 19:43 Watch News Clip It was up to the Alaska Industrial Development and Export Authority, or AIDEA, last night to approve the non-binding Memorandum of Understanding, which passed by the Interior Gas Utility board early Tuesday evening. AIDEA had been in active negotiations with IGU over the [...]

By | 2017-01-17T10:28:00+00:00 January 17th, 2017|Interior Gas News|Comments Off on AIDEA Makes IGU’s Acquisition Of Pentex Alaska Official With Approval

Getting the ball rolling on gas: Utility merger should clear path for progress on Interior Energy Project

Fairbanks Daily News-Miner editorial Jan 12, 2017 News-Miner opinion: Pending approval from the Alaska Industrial Development and Export Authority, the Interior is about to go from two gas utilities to one. The board of the Interior Gas Utility unanimously approved a memorandum of understanding to purchase Fairbanks Natural Gas and its assets from the state, [...]

By | 2017-01-17T10:22:57+00:00 January 17th, 2017|Interior Gas News|Comments Off on Getting the ball rolling on gas: Utility merger should clear path for progress on Interior Energy Project

Interior Gas Utility board approves $58 million merger

By Associated Press Jan 12, 2017 KTUU, Channel 2 Anchorage FAIRBANKS, Alaska (AP) - The board of directors for Interior Gas Utility has agreed to purchase Fairbanks Natural Gas from the state for more than $58 million. The Fairbanks Daily News-Miner reports that as part of the deal approved Tuesday, Interior Gas Utility would also [...]

By | 2017-01-17T10:16:39+00:00 January 17th, 2017|Interior Gas News|Comments Off on Interior Gas Utility board approves $58 million merger

Interior Energy Project reaches key milestone

By Dan Bross, KUAC - Fairbanks January 12, 2017 Alaska Public Media The Interior Gas Utility and Alaska Industrial Development and Export Authority have approved a memorandum of understanding to forward the Interior Energy Project. The state funded IEP is aimed at increasing the availability of gas in the city, as a less expensive and [...]

By | 2017-01-17T10:08:59+00:00 January 17th, 2017|Interior Gas News|Comments Off on Interior Energy Project reaches key milestone

State moves on sale of LNG facilities to get natural gas to Fairbanks

Author: Alex DeMarban January 12, 2017 The state and a Fairbanks utility finalized a preliminary deal this week setting the stage for a $330 million plan to boost natural gas shipments to the Fairbanks region to lower energy costs and reduce air pollution there. The Alaska Industrial Development and Export Authority approved the memorandum of understanding on [...]

By | 2017-01-12T11:15:35+00:00 January 12th, 2017|Interior Gas News|Comments Off on State moves on sale of LNG facilities to get natural gas to Fairbanks