Agency affirms revised review of Chukchi Sea petroleum lease
By Dan Joling | AP March 31 at 7:30 PM
ANCHORAGE, Alaska — The Department of Interior said Tuesday that it has affirmed corrections to an environmental analysis of a 2008 Arctic Ocean petroleum lease sale that brought in $2.7 billion for the federal government.
The expected decision regarding the lease in the Chukchi Sea off Alaska’s northwest coast opens the door for the department to review a 2015 Chukchi exploration plan by Royal Dutch Shell PLC.
The original environmental review for Lease Sale 193 was published in 2007, and the sale happened in February 2008. Shell was the most active bidder and spent $2.1 billion on Chukchi leases.
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