Alaska, Kyoto Sign LNG MoU

Governors of Alaska and Kyoto signed a memorandum of understanding (MoU) on potential imports of LNG from the US state on Tuesday in Tokyo.

“This MoU will not only benefit our prefecture, it will greatly benefit the surrounding prefectures in Japan,” Kyoto Governor Keiji Yamada said.

Governor Walker, Department of Natural Resources Deputy Commissioner Marty Rutherford and Alaska Gas Team General Manger Audie Setters presented briefings on Alaska’s LNG potential during the Alaska Oil and Gas Opportunity Seminar. The seminar was organized by Resources Energy, Inc., and sponsored by the Sasakawa Peace Foundation, Institute of Energy Economics, Energy Resources, Inc.., and Japan Institute for Overseas Investment.

“Alaska can point to 40 years of proven deliverability of our rich natural gas supply to the Asian market,” Governor Walker said. “We have the capacity to provide decades more to millions of customers to our Pacific neighbours.”

The US state has 33 trillion cubic feet of proven natural gas reserves, and potentially 250 trillion cubic feet more, Governor Walker told a conference on Wednesday.