Charter for Development of the Alaskan North Slope
Charter Agreement Coordinator: Dianne Munson
The Charter signed on December 2, 1999 is an agreement between the State of Alaska, BP Exploration (Alaska) Inc., and ARCO, which led to State of Alaska support of a merger between BP and ARCO. As set forth in the Charter, ARCO and BP agreed to sell a pre-determined percentage of their Alaska interest to a third “qualified company” prior to their merger in order to ensure continued competition. Phillips Petroleum Company (now ConocoPhillips) purchased the stock of ARCO Alaska, Inc. and, with BP, assumed responsibility for fulfilling the Charter obligations.
The Charter is the first antitrust agreement in the U.S. to include environmental provisions. The Alaska Department of Environmental Conservation (DEC) is charged with managing and overseeing the environmental provisions described under sections II.A and II.B of the Charter agreement. These environmental provisions include Arctic spill response research and development; state oversight of industry's pipeline corrosion monitoring and structural integrity program on the North Slope; clean-up of North Slope contaminated sites including "orphan sites" (sites abandoned by unknown parties); and a renewed commitment to the Oil Pollution Act of 1990, which includes the replacement of crude oil tankers with new state of art double hulled tankers.
North Slope Nearshore and Offshore Breakup Study – Literature Search and Analysis of Conditions and Dates (Table of Contents – 160 kb pdf file) for a copy of the complete 680 mb study on disk, please contact Dianne Munson
For more information contact:
Dianne Munson, North Slope Charter Coordinator
Industry Preparedness Program
ADEC Division of Spill Prevention and Response
555 Cordova St.
Anchorage, AK 99516-2617
Telephone: (907) 269-3080
Fax Number: (907) 269-7687
Email Address: email@example.com