Construction of the Trans-Alaska Pipeline System first load of oil from the Trans-Alaska Pipeline System. When the TAPS group initially proposed the pipeline in 1969, the proposed cost was $900 million, and the pipeline would be completed by 1972. By January 1970, the projected cost had risen from $900 million to $2 billion. In October 1973, Alyeska further refined its figures and anticipated a cost of between $3.1 billion and $3.5 billion, with the potential for a billion more. One year later, Alyeska released its most detailed cost estimate to that point: $5.982 billion. By June 1975, that figure had again risen to $6.4 billion. At
Oseberg Transport System Oseberg Transport System Oseberg Transport System (OTS) () is a pipeline system in western Norway. It is long and runs from Oseberg, Veslefrikk, Brage, Frøy and Lille-Frigg to Sture terminal, located north of Bergen, Norway. The operation of the pipeline was commenced in 1988. Total investment in the pipeline construction was about 9.8 billion NOK. The pipeline is placed in a tunnel close to the coast line. The tunnel is long and its opening is at depth of . The pipeline diameter is . The capacity of OTS is . Operating life is expected to be nearly 40 years The