Skip to main content
0:48

Nicholas Fulford

43:42 - 44:30

“with the current arrangement, it's not surprising, frankly, that there is some degree of concern over confidentiality, capital costs, and so forth.”
Community
Alaska News
Captured at
May 27, 2026

From the transcript

The economics of the project in a negotiating environment are very, very tightly held because clearly in that commercial back and forth, whether it's around equity or upstream supply, the understanding of the broad economic basis of the project is a key feature. So unlike the— in SB 138, where there was a considerable degree of transparency between ExxonMobil as the developer then, you know, the state and other entities, with the current arrangement, it's not surprising, frankly, that there is some degree of concern over confidentiality, capital costs, and so forth.

Related Coverage

Alaska LNG could cost $70 billion; state's 25% stake faces dilution

Alaska’s LNG project may have just gotten a $24 billion “whoops.” The state has been planning around a $46 billion price tag, but lawmakers were told the real number may be closer to $70 billion — which is less of a budget update and more of a financial jump scare.

Cover image for article: Alaska LNG could cost $70 billion; state's 25% stake faces dilution