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0:55

Dan Stickel

34:57 - 35:53

"This bill would reduce total state revenues over life of project from 29.7 down to $22.8 billion, would reduce municipal revenues from 17.3 down to $6.2 billion, would reduce the in state cost of supply from the four. $4.86 Down to $4.47 per thousand cubic feet, and then would reduce The Global delivered LNG price in 2033 from $9.07 down to $8.55 per thousand cubic feet."

This bill would reduce total state revenues over life of project from 29.7 down to $22.8 billion, would reduce municipal revenues from 17.3 down to $6.2 billion, would reduce the in state cost of supply from the four. $4.86 Down to $4.47 per thousand cubic feet, and then would reduce The Global delivered LNG price in 2033 from $9.07 down to $8.55 per thousand cubic feet.
Speaker
Dan Stickel
Community
Alaska News
Captured at
June 1, 2026

From the transcript

And then slide 35 is the similar slide for the Bill in front of the committee. Senate Bill 2001. This bill would reduce total state revenues over life of project from 29.7 down to $22.8 billion, would reduce municipal revenues from 17.3 down to $6.2 billion, would reduce the in state cost of supply from the four. $4.86 Down to $4.47 per thousand cubic feet, and then would reduce The Global delivered LNG price in 2033 from $9.07 down to $8.55 per thousand cubic feet. So still a significant tax reduction and improvement to the competitiveness of that L and D price, but not quite as significant as the original version that the Governor introduced in March.

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Senate Finance hears $18 billion revenue trade-off for Alaska LNG tax break

Alaska Senate Finance Committee reviews fiscal analysis of proposed tax structure for Alaska LNG project, showing $18 billion combined revenue reduction over project life in exchange for improved global price competitiveness.

Bill AlaskaNewsby Bill AlaskaNews3mo ago2 min readAI
State Capitol
Cover image for article: Senate Finance hears $18 billion revenue trade-off for Alaska LNG tax break