
Matt 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."
“these are preemptive rights. They're retroactive rights that get exercised once we achieve fid. So all the other investors come to the table.”
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.
Alaska Gasline Development Corporation secured the right for the state to buy up to 25% of the Alaska LNG project after private investors commit. The state gets six months to decide whether to invest up to $1.16 billion.
