Alaska gas line project could cost $65B or more

JUNEAU, Alaska (AP) — A liquefied natural gas project in Alaska could cost more than $65 billion and would represent a mega-project of "unprecedented scale and challenge," officials behind the project told Gov. Sean Parnell.

In a letter to Parnell released by the governor's office late Wednesday, officials with TransCanada Corp. and the North Slope's three major players said good progress has been made in pursuing a project. But they said "significant environmental, regulatory, engineering and commercial work remains to reach upcoming decisions to bring North Slope gas to market."