
Bert Stedman
103:13 - 103:21
"if they need a concession, on a $45 billion project, what are they going to ask for when it's $70 billion?"
“if they need a concession, on a $45 billion project, what are they going to ask for when it's $70 billion?”
Because if they need a concession, on a $45 billion project, what are they going to ask for when it's $70 billion?
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.
