
Luke Saugier
11:51 - 12:26
"they contain pricing. We've agreed on pricing, we've agreed on volumes, we've agreed on terms, right? And there are other things that we have not yet agreed on that we continue to work on as we move forward."
“they contain pricing. We've agreed on pricing, we've agreed on volumes, we've agreed on terms, right? And there are other things that we have not yet agreed on that we continue to work on as we move forward.”
They are confidential, so I can't answer specifics about what these GSPAs say, but I will say that they contain pricing. We've agreed on pricing, we've agreed on volumes, we've agreed on terms, right? And there are other things that we have not yet agreed on that we continue to work on as we move forward. Okay, so those are the GSPAs. What I'd like to do is give you an overview of the gas resources on the North Slope where Phase 1 and Phase 2 gas sales would come from.
Three major North Slope producers told the Alaska Senate Finance Committee they signed gas sale precedent agreements for Alaska LNG Phase 1 and will sell at the lease line. That structure means midstream pipeline and treatment costs won't be deductible against oil production tax.
