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Export license landed.

Export License Landed.

The U.S. Department of Energy has approved Yukon Pacific Corp.'s application for an export license to deliver up to 14 million tons per year of liquefied natural gas (LNG) to markets in Japan, South Korea and Taiwan over a 25-year period. The export license is regarded as the last in a series of major domestic approvals necessary to proceed with the company's $11 billion Trans-Alaska Gas System (TAGS) project to transport Alaska North Slope natural gas to Asian markets.

The decision was preceded by Right of Way leases from the state and federal governments and approval of an Environmental Impact Statement.
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Title Annotation:Yukon Pacific Corp.
Author:Manna, Victor
Publication:Alaska Business Monthly
Date:Mar 1, 1990
Words:106
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