BP GIVES $1 MILLION FOR UAA LAB TO STUDY METALS CORROSION

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.

Read more here: http://www.adn.com/2012/02/06/2303584/bp-gives-1-million-for-uaa-lab.html#storylink=cpy

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