
Matt Kissinger
64:37 - 65:11
"Developers have a habit of setting very aggressive FID dates and they do this because it's really the only way to drive everyone who's actually working on a project to a common target. But the knock on effect is it sets this unrealistic FID date out in the public and slowly credibility erodes."
“Developers have a habit of setting very aggressive FID dates and they do this because it's really the only way to drive everyone who's actually working on a project to a common target. But the knock on effect is it sets this unrealistic FID date out in the public and slowly credibility erodes.”
- Speaker
- Matt Kissinger
- Timestamp
- 64:37 – 65:11
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 4, 2026
From the transcript
Let's first just be realistic about fid. Developers have a habit of setting very aggressive FID dates and they do this because it's really the only way to drive everyone who's actually working on a project to a common target. But the knock on effect is it sets this unrealistic FID date out in the public and slowly credibility erodes. And so as agdc, we don't want to forecast when the FID is. We want to talk about what the path is to FID and then people can make a credible judgment themselves.
Related Coverage
Glenfarne's own cost estimate for Alaska LNG is now significantly higher than AGDC's — and the state's equity option sits in the middle of the new math
AGDC transferred three-quarters ownership of Eight Star Alaska—the entity holding FERC authorization and project assets—to private developer Glenfarn in 2025, shifting construction risk off state books while preserving a 5–25% buy-in window at final investment decision.
