ExxonMobil, BP, ConocoPhillips and TransCanada offered some details about a proposed natural gas pipeline and export project in Alaska, which is expected to cost up to $65 billion. The plan calls for the construction of an 800-mile pipeline in Alaska's North Slope that would have the capacity to ship up to 3.5 billion cubic feet of gas. "We remain committed to responsibly developing the State's considerable resources and will keep you advised of our progress," the companies said in a letter to Alaska Gov. Sean Parnell.
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