ExxonMobil, ConocoPhillips, BP and TransCanada evaluated more than 20 places taking into consideration "environment, socioeconomics, cost, and other project and technical issues".
"The Nikiski site also results in a pipeline route that provides an access opportunity to North Slope natural gas by the major population centers in Fairbanks, Mat-Su Valley, Anchorage and the Kenai Peninsula,” senior project manager Steve Butt said in a company statement.
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