Abstract
The natural gas in the Alaskan arctic represents a truly significant resource; a resource which should be exploited in the most appropriate manner. Currently, the proven reserves of natural gas in Alaska are estimated to be 19.7% (36.7 TSCF) of the total US reserves (186.7 TSCF). In addition, the undiscovered recoverable natural gas resources of Alaska are about 89 TSCF compared to 610 TSCF in the lower 48 states. Furthermore, the Alaskan unconventional gas resources are more than 500 TCF. The purpose is to review the potential of natural gas resources in Alaska and to address various important issues related to utilization of natural gas. This report provides a brief summary of various gas fields and their geologic settings. The different options for utilization of natural gas to lower 48 states via gas pipeline, conversion to liquefied natural gas and transport, conversion to fuel grade methanol and/or gasoline, natural gas for enhanced oil recovery, gas based petrochemical complex, gas utilization in the form of utilities are critically reviewed with respect to merits and demerits addressing engineering, economic, environmental, supply/demand, market and political aspects. 22 refs., 2 figs., 5 tabs.
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