
Adam Prestidge
108:52 - 109:35
"if it is Glenfarn that builds the Fairbanks Spur Line, or if it is an Alaska Native corporation, or one of the utilities, or a joint venture that includes all of those parties or some of those parties, it doesn't have an impact on the eligibility of the Alaska LNG Project. So long as these conditions are satisfied."
“if it is Glenfarn that builds the Fairbanks Spur Line, or if it is an Alaska Native corporation, or one of the utilities, or a joint venture that includes all of those parties or some of those parties, it doesn't have an impact on the eligibility of the Alaska LNG Project. So long as these conditions are satisfied.”
And so what that means is that Ultimately, it is an eligibility matter for the Alaska LNG Project to make sure that these commitments and these conditions are satisfied. But if it is Glenfarn that builds the Fairbanks Spur Line, or if it is an Alaska Native corporation, or one of the utilities, or a joint venture that includes all of those parties or some of those parties, it doesn't have an impact on the eligibility of the Alaska LNG Project. So long as these conditions are satisfied. And so again, we would be happy to be very involved in that. We've spent a lot of— had a lot of— have had many conversations with other parties that might be equally interested in building and developing this project.
The Alaska Senate Finance Committee on Tuesday heard unresolved questions about who will build, own, and regulate a proposed Fairbanks natural gas spur line, how its cost should be spread across ratepayers, and whether HB 381's spur commitment is firm enough to guarantee construction.
