Murkowski’s Response on Decision to End Denali Project

WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski, R-Alaska, today released the following statement regarding the announcement that BP and ConocoPhillips were ending their joint Denali project to develop a pipeline to ship Alaska North Slope natural gas to the Lower 48:

“While it’s disappointing that BP and ConocoPhillips have decided to shut down their Denali project, there remains a lot of interest in getting Alaska’s natural gas off the North Slope to Alaska households and bigger markets Outside,” Murkowski said. “Ultimately, it will be the market that determines how we monetize our gas resources. I do not believe, though, that this signals an end to those efforts. The good news is that there are still several proposals for both an out-of-state line and an in-state line that could deliver real benefits to Alaskans.”