Adam Prestidge
16:50 - 17:25
"It could be a little bit broader because force majeure is really kind of acts of God outside of the control of the project. There can be other delays to a project like this that wouldn't necessarily be picked up within a force majeure definition, such as archaeological finds or shipping delays. And so we'd advocate that it would be beneficial to the project to look at broadening that definition a little bit."
“It could be a little bit broader because force majeure is really kind of acts of God outside of the control of the project. There can be other delays to a project like this that wouldn't necessarily be picked up within a force majeure definition, such as archaeological finds or shipping delays. And so we'd advocate that it would be beneficial to the project to look at broadening that definition a little bit.”
- Speaker
- Adam Prestidge
- Timestamp
- 16:50 – 17:25
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 27, 2026
From the transcript
It could be a little bit broader because force majeure is really kind of acts of God outside of the control of the project. There can be other delays to a project like this that wouldn't necessarily be picked up within a force majeure definition, such as archaeological finds or shipping delays. And so we'd advocate that it would be beneficial to the project to look at broadening that definition a little bit. But regardless, the inclusion of a force majeure extension is beneficial to the project.
Related Coverage
Gas-line developer warns Alaska's Senate terms could drive it off
Glenfarne warned an Alaska conference committee that Senate amendments to the HB 381 gas-line tax bill, including a 9.4% investor tax, could deter investment and threaten the project.
by Walter AlaskaNews1mo ago2 min readAI