Alexi Painter
36:14 - 36:58
“The rate for the AVT is a blend of multiple rates, weighted by the capital expenditure weight of each category. So there's a 6 cents per MCF rate for the pipeline component. That's Phase 1. And then there is a 12-cent per MCF rate for the gas treatment plant and carbon capture facility component, which is part of Phase 2, and then a 12-cent per MCF tax component for the LNG plant.”
- Speaker
- Alexi Painter
- Timestamp
- 36:14 – 36:58
- Community
- Alaska News
- Location
- Kenai Peninsula
- Captured at
From the transcript
The rate for the AVT is a blend of multiple rates, weighted by the capital expenditure weight of each category. So there's a 6 cents per MCF rate for the pipeline component. That's Phase 1. And then there is a 12-cent per MCF rate for the gas treatment plant and carbon capture facility component, which is part of Phase 2, and then a 12-cent per MCF tax component for the LNG plant. And then we'll see some sample calculations of how that works, but essentially the— this— each of these rates will be weighted by the capital expenditures of the relative amounts to come up with a blended tax rate $0.02 for each MCF of gas that flows through the line.
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