0:59
Eric Gunderson
19:43 - 20:43
"the ACS amends subsection A-1 to increase the amount paid to the state by the project developer within 60 days after financial final investment decision on Phase 1 from $40 million to $50 million. It adds language stating that it is the intent of the legislature that $10 million from this amount be appropriated to workforce development projects for the AK LNG project."
“the ACS amends subsection A-1 to increase the amount paid to the state by the project developer within 60 days after financial final investment decision on Phase 1 from $40 million to $50 million. It adds language stating that it is the intent of the legislature that $10 million from this amount be appropriated to workforce development projects for the AK LNG project.”
- Speaker
- Eric Gunderson
- Timestamp
- 19:43 – 20:43
- Community
- Alaska News
- Location
- Alaska
- Captured at
- July 16, 2026
From the transcript
In Section 36, this would be page 41 in the red line, the ACS amends subsection A-1 to increase the amount paid to the state by the project developer within 60 days after financial final investment decision on Phase 1 from $40 million to $50 million. It adds language stating that it is the intent of the legislature that $10 million from this amount be appropriated to workforce development projects for the AK LNG project. This includes but is not limited to the Alaska Teamster Training Center, the Fairbanks Pipeline Training Center, the Instructional Service Center in Kenai, and the Alaska Vo— Tech— Vocational Technical Center. It also amends subsection A.2 to clarify that the project developer has committed to require contractors to enter into project labor agreements for Phase 1. This largely conforms with changes made in the previous version for Phase 2.
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