Questions raised about need for Mackenzie Gas project with Alaska pipeline

Questions raised about need for Mackenzie Gas project with Alaska pipeline

"Should an Alaskan project proceed through a successful binding open season, we would not expect there to be sufficient shipper interest in an MVP project, given that the economic case would likely be weakened significantly."

Edward Kallio, manager of gas consulting for Ziff Energy Group, said Friday both pipelines will be needed to quench North America's thirst for energy in a decade.

Mackenzie is currently set to come on stream in 2014, and Alaska slated for 2018.

"Our demand just keeps increasing year by year. We're going to be going from roughly 70 (billion cubic feet) a day now to just over 87 bcf a day by 2020. We'll need the gas," Kallio said.