
Grier Hopkins
20:05 - 20:48
"The spur line also has a defined timeline in this language, which is very important. So we're not waiting a decade further, but we wanted to make sure that we, uh, or rather, we agreed with Glenn Farn that we don't want to necessarily constrain construction— define that we— the spur line must be built in order to get the tax by the time the main line— the tax break by the time the main line is turned on. So with that, we're working on permitting language."
“The spur line also has a defined timeline in this language, which is very important. So we're not waiting a decade further, but we wanted to make sure that we, uh, or rather, we agreed with Glenn Farn that we don't want to necessarily constrain construction— define that we— the spur line must be built in order to get the tax by the time the main line— the tax break by the time the main line is turned on. So with that, we're working on permitting language.”
If that does happen, they are responsible for generating their own power within that language, and so they'll need access to that gas. So what that looks like, how we forecast that, we'll know in the coming weeks, which will also allow us to, to know what this diameter of the spur line is going to be. The spur line also has a defined timeline in this language, which is very important. So we're not waiting a decade further, but we wanted to make sure that we, uh, or rather, we agreed with Glenn Farn that we don't want to necessarily constrain construction— define that we— the spur line must be built in order to get the tax by the time the main line— the tax break by the time the main line is turned on. So with that, we're working on permitting language.
Alaska House Finance Committee reviews optional state equity investment in Alaska LNG project and property tax relief tied to Fairbanks spur-line construction
