Denali Proposal
Outside of the AGIA process, authorities were evaluating a separate proposal issued by Denali – The Alaska Gas Pipeline LLC, a joint venture of ConocoPhillips and BP. ExxonMobil was invited to participate in the project. Also Enbridge, Royal Dutch Shell and Gazprom had shown interest to join this project. However, on 17 May 2011 Denali announced that it ends developing the project due lack of interest from potential costumers.
The project foresaw a pipeline with a capacity of 41 billion cubic meter (bcm) of natural gas per year down the Alaska Highway across Alaska, through the Yukon and British Columbia into Alberta. It also consisted of a gas treatment plant on North Slope. The project was estimated to cost US$35 billion.
Read more about this topic: Alaska Gas Pipeline