0:07

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?
Speaker
Bert Stedman
Community
Alaska News
Captured at
May 27, 2026

From the transcript

Because if they need a concession, on a $45 billion project, what are they going to ask for when it's $70 billion?

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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.

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Cover image for article: Alaska LNG could cost $70 billion; state's 25% stake faces dilution