Posted By: ADN.com ; Author: Mike Dunham
BP Exploration (Alaska) Inc. announced Monday that it was donating $1 million to the University of Alaska Anchorage to help create a lab to study the effects of corrosion on pipe metals.
Tom Barrett, a retired Coast Guard admiral and deputy secretary of the Department of Transportation in the Bush and Obama administrations, called corrosion “a creeping disease” and a “constant threat” to the 35-year old-pipeline that carries the oil on which Alaska’s economy is largely dependent. A “pinhole leak” due to corrosion in a difficult-to-inspect section of pipe shut down operations for four days in January of 2011. Each day cost the state $18.5 million, according to the state Department of Revenue.