Nicholas Fulford
19:34 - 20:16
"if they do achieve Phase 2 FID on a cost of $2.36 billion per MTPA, then that suggests that Alaska potentially has a lot more headroom than previously believed, because if they can invest that and sell LNG profitably into Asia, with a $47 billion equivalent just for the LNG, that suggests that the economics of Alaska might be stronger than previously believed."
“if they do achieve Phase 2 FID on a cost of $2.36 billion per MTPA, then that suggests that Alaska potentially has a lot more headroom than previously believed, because if they can invest that and sell LNG profitably into Asia, with a $47 billion equivalent just for the LNG, that suggests that the economics of Alaska might be stronger than previously believed.”
- Speaker
- Nicholas Fulford
- Timestamp
- 19:34 – 20:16
- Source
- SFIN-260528-0900
- Community
- Alaska News
- Captured at
- May 28, 2026
From the transcript
So if they do achieve Phase 2 FID on a cost of $2.36 billion per MTPA, then that suggests that Alaska potentially has a lot more headroom than previously believed, because if they can invest that and sell LNG profitably into Asia, with a $47 billion equivalent just for the LNG, that suggests that the economics of Alaska might be stronger than previously believed. Senator Kyl. Thank you, Mr. Chair. I appreciate that's an interesting hypothetical.