September 25, 2012, Juneau, Alaska - Governor Sean Parnell is
conducting an economic trade mission with energy officials in
Japan and the Republic of Korea. The focus is on promoting
Alaska's natural gas to Pacific Rim markets. Over the
next week, Governor Parnell is meeting with Japanese and
South Korean officials and business leaders to discuss
opportunities that will benefit both economies.
"We look forward to capitalizing on the enormous
potential that exists for Alaska's North Slope natural
gas in our state and in Pacific Rim nations," Governor
Parnell said. "This is a great opportunity to strengthen
existing relationships and build new ones that will grow
economic opportunity with Japan and South Korea."
Governor Parnell recently met with the CEO of KOGAS to
discuss Alaska's longtime role as a reliable exporter of
LNG to Asia, and the state's roadmap to significantly
boost those exports with a major Alaska gas pipeline to
The Korea Chamber of Commerce and Industry graciously
arranged a meeting and conversations between Governor Parnell
and executives from companies, including Samsung C&T, STX
Energy, Daesung Industrial Co., Ltd., Korea Midland Power
Co., GS Global Co., LG International Corp., Hyundai Heavy
Industries, and Korea Kumho Petrochemical Co., Ltd. Governor
Parnell discussed significant progress being made on an
all-Alaska gasline to tidewater and the investment potential
for these companies in Alaska.
Alaska's major producers and TC-Alaska are currently
working with the Alaska Pipeline Project on the
commercialization of North Slope gas with a specific focus on
a large-scale LNG project in Southcentral Alaska.
Department of Natural Resources Commissioner Dan Sullivan
traveled to Asia this past week to pave the way with company
and government officials in the Republic of Korea and Japan.
Sullivan was a featured speaker at the LNG Producer-Consumer
Conference in Tokyo, which brought together energy ministers
from many countries, as well as Asian utilities and some of
the world's largest LNG suppliers.
The trip is Governor Parnell's second international trade
mission since taking office. In November 2011, he traveled to
Europe to promote Alaska's international trade in
seafood, and to build on the state's global reputation as
a leader in oil and gas production.