Skip to main content
0:38

John Sims

35:17 - 35:56

"those are all fantastic points that you raise and concerns for anyone that's investing or developing the project. From my perspective, and one of the reasons why we've taken the better part of a year to negotiate this contract, my job is to ensure that my kids and my kids' kids have low cost of energy. And so when I evaluate and negotiate this contract, it doesn't matter to me what the project cost is. It only matters what the price I can receive through this contract as it relates to the alternatives for receiving natural gas in the community."

those are all fantastic points that you raise and concerns for anyone that's investing or developing the project. From my perspective, and one of the reasons why we've taken the better part of a year to negotiate this contract, my job is to ensure that my kids and my kids' kids have low cost of energy. And so when I evaluate and negotiate this contract, it doesn't matter to me what the project cost is. It only matters what the price I can receive through this contract as it relates to the alternatives for receiving natural gas in the community.
Speaker
John Sims
Community
Alaska News
Location
Alaska
Captured at
June 9, 2026

From the transcript

Senator Steadman, through the chair, so those are all fantastic points that you raise and concerns for anyone that's investing or developing the project. From my perspective, and one of the reasons why we've taken the better part of a year to negotiate this contract, my job is to ensure that my kids and my kids' kids have low cost of energy. And so when I evaluate and negotiate this contract, it doesn't matter to me what the project cost is. It only matters what the price I can receive through this contract as it relates to the alternatives for receiving natural gas in the community. And so that, that's what I balance.

Related Coverage

ENSTAR Caps the Price. Stedman Eyes the Debt.

Enstar is negotiating a 30-year gas supply agreement with Glenfarne that would cap prices at $16 per thousand cubic feet with annual inflation adjustments. The contract protects ratepayers from project cost overruns and allows a switch from LNG imports to pipeline gas if the export project is built.

Walter AlaskaNewsby Walter AlaskaNews3mo ago3 min readAI
Alaska
Cover image for article: ENSTAR Caps the Price. Stedman Eyes the Debt.