
Matt Kissinger
15:31 - 15:50
"Additional capital asks of AGDC or of the state have to have AGDC approvals. That's a really important one. There are no more capital asks of AGDC into 8 star without AGDC's consent."
“Additional capital asks of AGDC or of the state have to have AGDC approvals. That's a really important one. There are no more capital asks of AGDC into 8 star without AGDC's consent.”
Mergers and acquisitions, dissolution, bankruptcy. So major things that would happen to eight Star can only happen with AGDC approval. Additional capital asks of AGDC or of the state have to have AGDC approvals. That's a really important one. There are no more capital asks of AGDC into 8 star without AGDC's consent.
The Alaska Gasline Development Corporation can block major decisions in the Alaska LNG joint venture despite owning only a quarter of it. The unusual arrangement protects state priorities including gas reserved for Alaska customers and rate structures that favor residential users.
