0:24

Bert Stedman

47:50 - 48:15

"we need to look at that. Mr. Chairman, and then get into more discussion on the dilution issue, the equity dilution issue, which the state would be facing as a residual owner right now at 25% with no equity participation coming into the project yet from, from a third party."

we need to look at that. Mr. Chairman, and then get into more discussion on the dilution issue, the equity dilution issue, which the state would be facing as a residual owner right now at 25% with no equity participation coming into the project yet from, from a third party.
Speaker
Bert Stedman
Community
Alaska News
Captured at
May 27, 2026

From the transcript

So I think at some point when we get into this over the next several days, we need to look at that. Mr. Chairman, and then get into more discussion on the dilution issue, the equity dilution issue, which the state would be facing as a residual owner right now at 25% with no equity participation coming into the project yet from, from a third party.

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Alaska LNG could cost $70 billion; state's 25% stake faces dilution

The Alaska State Senate Finance Committee heard Wednesday that the Alaska LNG project's capital costs could reach $70 billion rather than the commonly cited $46 billion, and that the state's 25% equity stake faces potential dilution when new investors join the project's three sub-companies.

Bill AlaskaNewsby Bill AlaskaNews3mo ago2 min readAI
Juneau, AlaskaListen· 4 min
Cover image for article: Alaska LNG could cost $70 billion; state's 25% stake faces dilution