Alaska and China Sign Pipeline Deal
IncSmart Alaska (Small Business and Startups) - Alaska and China's largest state oil company Sinopec,
sign a natural gas pipeline deal.  The agreement was signed as both U.S. President Donald Trump and Chinese President Xi Jinping.  The estimated investment for project would be $43 billion.  This new pipeline would rival the trans-Alaska oil pipeline. 

Construction will start in late 2018 or following year.  The completion goal for the pipeline to operational by 2024 or 2025.  Sinopec and the Bank of China have already visited operations the North Slope and Anchorage. The state owned Alaska Gasline Development Corporation will retain majority ownership.  The new pipeline project will bring jobs, investment, it would transport the natural gas 800 miles to the coast on the Kenai Peninsula.  There it will be liquefied and shipped to Asia. The unemployment rate in Kenai is 7.7%.
By IncSmart Staff Writer

Starting a Business in Alaska

For 10 years, Business Services has helped companies and people from all over the world form Alaska Corporations and Alaska Limited Liability Companies. When you call, email, text, message or live chat with our office, expect personal attention.  Small business is the heart of IncSmart. 

We are very excited about helping you form your new company.  Each state is so different when it comes to filing documents, you will know right away you are in the right place.   #incsmart

Think Smart.  Think IncSmart.

Registered Agent Services


Speak with IncSmart
Phone: 888-681-9777
Mon-Fri 8am to 4pm PT


Add Comment