“we came up with a baseline cost of supply to utilities of $22.70 under our current law scenario and $18.60 under our as introduced by the Governor scenario. Those would be higher than the price of imported gas. And what that really highlights is that the true benefit of this project comes from the the full project that includes the export sales.”
Um, and when you weight that out against a utility price, we came up with a baseline cost of supply to utilities of $22.70 under our current law scenario and $18.60 under our as introduced by the Governor scenario. Those would be higher than the price of imported gas. And what that really highlights is that the true benefit of this project comes from the the full project that includes the export sales.
The Alaska LNG project would struggle to compete in global markets even under the governor's proposed tax relief, with breakeven prices at the high end of current futures markets, according to state modeling presented to the House Finance Committee on Thursday.

The Alaska House Finance Committee heard Thursday that the governor's version of HB 381 would reduce municipal property tax revenue from the Alaska LNG project by over $13 billion compared to current law, while the House Resources version would actually increase municipal revenue by retaining property tax on the gas treatment plant and LNG facility.
