BP, ConocoPhillips, Exxon Discuss Alaska Gas Export Plan

Resource Investing News

Reuters reported that the chief executives of BP (NYSE:BP) and ConocoPhillips (NYSE:COP) discussed the viable ways to commercialize Alaska’s North Slope natural gas.

Reuters reported that the chief executives of BP (NYSE:BP) and ConocoPhillips (NYSE:COP) discussed the viable ways to commercialize Alaska’s North Slope natural gas.

As quoted in the market news:

The BP and ConocoPhillips CEOs said they will work with Exxon Mobil, the third major North Slope oil producer, to develop an LNG project that would export to Asia, a dramatic change from decades-old plans to send North Slope natural gas by overland pipeline to domestic U.S. markets.

Click here to read the full Reuters report.

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