
Nicholas Fulford
107:58 - 108:48
"if you took 12.5% as the going rate for LNG, With the 6-cent tax, AVT, Alaska would be profitable somewhere around the sort of $65, $70 a barrel. So really any price greater than $65 or $70 a barrel, Alaska would be in the money. Equally with the property tax, you can see that that shifts slightly to the left— sorry, to the right. And, and you're really in more of a sort of 70-75."
“if you took 12.5% as the going rate for LNG, With the 6-cent tax, AVT, Alaska would be profitable somewhere around the sort of $65, $70 a barrel. So really any price greater than $65 or $70 a barrel, Alaska would be in the money. Equally with the property tax, you can see that that shifts slightly to the left— sorry, to the right. And, and you're really in more of a sort of 70-75.”
A lot of numbers on the chart, but what you can conclude from that is that if you took 12.5% as the going rate for LNG, With the 6-cent tax, AVT, Alaska would be profitable somewhere around the sort of $65, $70 a barrel. So really any price greater than $65 or $70 a barrel, Alaska would be in the money. Equally with the property tax, you can see that that shifts slightly to the left— sorry, to the right. And, and you're really in more of a sort of 70-75. So that gives you a sense of, um, the competitiveness of the gas globally and the difference between, um, where things stand today and where they could stand.