0:38
Matt Kissinger
0:00 - 0:39
"This is the difference between us getting to a point where we can't achieve FID and Glenfarn leaving the project, and the state having an option to push Glenfarn out if they don't meet certain milestones. This was an option, the latter, where we can push them out. This is an option that AGDC wanted. This is a state option that we requested and negotiated for our benefit And if I may, on April 23rd of last year, so 2025, this question was brought up in front of Legislative Budget and Audit."
“This is the difference between us getting to a point where we can't achieve FID and Glenfarn leaving the project, and the state having an option to push Glenfarn out if they don't meet certain milestones. This was an option, the latter, where we can push them out. This is an option that AGDC wanted. This is a state option that we requested and negotiated for our benefit And if I may, on April 23rd of last year, so 2025, this question was brought up in front of Legislative Budget and Audit.”
- Speaker
- Matt Kissinger
- Timestamp
- 0:00 – 0:39
- Community
- Alaska News
- Location
- Alaska
From the transcript
And this is the difference between us getting to a point where we can't achieve FID and Glenfarn leaving the project, and the state having an option to push Glenfarn out if they don't meet certain milestones. This was an option, the latter, where we can push them out. This is an option that AGDC wanted. This is a state option that we requested and negotiated for our benefit And if I may, on April 23rd of last year, so 2025, this question was brought up in front of Legislative Budget and Audit. And so you had the following members present.
Related Coverage
Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
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.
by Walter AlaskaNews3h ago3 min readAIAlaska
