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
Construction of the Trans-Alaska Pipeline System cost $1.4 billion. The percentage of the pipeline owned by various companies has changed over time, but as of 2009, the primary owner was BP, which controls 46.93 percent of the pipeline. Second is ConocoPhillips Transportation Alaska Inc. with 28.29 percent, followed in order by ExxonMobil (20.34 percent), Koch Alaska Pipeline Company (3.08 percent), and Unocal Pipeline Company (1.36 percent). The pipeline also has had a human toll. Thirty-two Alyeska or contract workers were killed during the construction project. That figure does not include common carrier fatalities. Since the pipeline began operating in 1977, 10 people have been killed while