Benefits seen in moving Denali project ahead without Alaska's support

03/4/2010 | Bloomberg Businessweek

There are advantages to proceeding with the Denali pipeline project without the Alaskan government's assistance, project executive Bob Bleaney said. His statement comes after TransCanada and ExxonMobil -- Denali's competitors in the region -- secured the state's support via the Alaska Gas Inducement Act. Continuing without the AGIA is beneficial because developers will not be weighed down by certain terms, Bleaney added.

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