
Brett Watson
13:22 - 13:51
"that yellow line is the trajectory for Phase 1 prices. Those start at $16 per MCF and would escalate by 2% or inflation per year, whatever's lower, um, uh, until Phase 2 is achieved, and that's that blue line where prices would drop to $5 and then escalate by 2% or inflation, whichever is lower."
“that yellow line is the trajectory for Phase 1 prices. Those start at $16 per MCF and would escalate by 2% or inflation per year, whatever's lower, um, uh, until Phase 2 is achieved, and that's that blue line where prices would drop to $5 and then escalate by 2% or inflation, whichever is lower.”
So here's that same figure that I showed before, but now overlaid with what the successful project trajectory prices would look like. So that yellow line is the trajectory for Phase 1 prices. Those start at $16 per MCF and would escalate by 2% or inflation per year, whatever's lower, um, uh, until Phase 2 is achieved, and that's that blue line where prices would drop to $5 and then escalate by 2% or inflation, whichever is lower.
Enstar Natural Gas faces losing its primary gas supply in 2033 when its contract with Hilcorp expires, leaving Southcentral Alaska utilities with no Cook Inlet producer capable of matching the scale of investment that has kept the basin producing for the past decade.
