Yukon Pacific cedes gas pipeline grant

Published: October 31, 2011 

JUNEAU -- Yukon Pacific Corp.'s relinquishment of a right-of-way grant for a natural gas pipeline project should have no implications for any future gas line proposals.

That's according to Graham Smith, a spokesman for the state pipeline coordinator's office.

The U.S. Bureau of Land Management last week announced that it had received and accepted a request from Yukon Pacific to relinquish a federal right-of-way grant that it had held since 1992.

BLM said the project proposed a pipeline parallel to the trans-Alaska oil pipeline and the option of building a liquefied natural gas facility at Valdez. Yukon Pacific lost its conditional state right-of-way grant in 2008 and the project never materialized.

Smith said he doesn't see Yukon Pacific's experience having any implications for future gas line plans.

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