Alaska’s North Slope Prudhoe Bay oil field discovery in 1967 established Alaska as a world-class oil and gas location. Productive oil and gas fields developed along the central North Slope. Today there is high potential for new onshore and offshore discoveries in the Arctic. Alaska is also experiencing a resurgence of activity from oil and gas fields on the Kenai Peninsula and offshore in the Cook Inlet.
Alyeska Pipeline Service Company, named after the Aleut word Alyeska meaning mainland, was established in 1970. Alyeska built and runs the Trans Alaska Pipeline System (TAPS). At the time, construction of the pipeline was the largest privately financed construction project ever attempted, and cost over $8 billion when complete. The 800-mile-long Trans Alaska Pipeline System (TAPS) was designed and constructed to move oil from the North Slope of Alaska to the northern most ice-free port in Valdez, AK. Oil tankers load Alaskan crude oil in Valdez. The Marine Terminal includes 18 oil storage tanks with a total capacity of over 9 million barrels. The Terminal has four tanker loading berths, two of which have special vapor control systems and remain in use today.
Toll Free Hotline 1-800-478-5626 within Alaska