Petroleum News
By: Steve Sutherlin
The Port of Alaska has garnered a $25 million grant from the federal “Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program,” to build the third and final phase of an upgrade to its petroleum products and cement handling facilities, U.S. Secretary of Transportation Elaine L. Chao said Nov. 12.
The cost of the project is $81 million, based on current engineering projections, said Jim Jager, director of external affairs for the port. Continue reading