0:14
Matthew Kissinger
15:30 - 15:45
“these are preemptive rights. They're retroactive rights that get exercised once we achieve fid. So all the other investors come to the table.”
- Speaker
- Matthew Kissinger
- Timestamp
- 15:30 – 15:45
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
Senator Stidman, please proceed. This is Matt Kissinger for the record. So again, just to describe these these are preemptive rights. They're retroactive rights that get exercised once we achieve fid. So all the other investors come to the table.
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State wins option to buy 25% of Alaska LNG after investors commit
Alaska secured the right to buy up to 25% of the Alaska LNG project after private investors commit, with six months to decide whether to invest between $230 million and $1.16 billion.
