Classifieds | Place a class ad | PDF Edition | Home Delivery
Nothing ventured, nothing gained.
With that, Gov. Bill Walker is in the right place at the right time.
Walker joined President Trump in a trade mission to China this week.
The governor hopes to pique the interest of the Chinese in Alaska’s bountiful supply of natural gas.
Walker would like to walk away from meetings with the Chinese with investment into the $43 billion gas export project — the proposed pipeline and the gas.
He touted the trade mission as the state’s most significant opportunity for the project before leaving Alaska.
Walker and Alaska’s congressional delegation lobbied the president concerning the project earlier this year; Trump is interested in rebalancing trade between China and the United States. The gas project could help accomplish that because it has the potential of $10 billion in annual gas exports.
The 800-mile pipeline would transport North Slope natural gas to the port of Nikiski, from where it could be shipped by tanker to China.
China is seeking to reduce coal and diesel as sources of energy.
Alaska wouldn’t begin to realize the benefits of gas exports for years. The pipeline would have to be built, which would create jobs, and a variety of permissions and permits would be necessary. Pre-development takes time, but nothing happens if an effort isn’t made.
Walker taking his natural gas opportunity to China is one such effort.