
Adam Prestidge
15:00 - 15:27
"First, in response, Senator Hoffman, you asked about Glenfarm's willingness to continue to pursue the project, and we're absolutely willing to continue to pursue the project, and we will. It doesn't— it creates a little bit of a hesitation around how— around business principles and how, you know, how we will be able to trust certain confidential— confidentiality protections."
“First, in response, Senator Hoffman, you asked about Glenfarm's willingness to continue to pursue the project, and we're absolutely willing to continue to pursue the project, and we will. It doesn't— it creates a little bit of a hesitation around how— around business principles and how, you know, how we will be able to trust certain confidential— confidentiality protections.”
First, in response, Senator Hoffman, you asked about Glenfarm's willingness to continue to pursue the project, and we're absolutely willing to continue to pursue the project, and we will. It doesn't— it creates a little bit of a hesitation around how— around business principles and how, you know, how we will be able to trust certain confidential— confidentiality protections.
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.

State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
