
Lyman Hoffman
104:05 - 104:52
"we need to get the projected cost of the Trans-Alaska Pipeline and the actual cost, which has been, was substantially higher than doubled. From my recollection."
“we need to get the projected cost of the Trans-Alaska Pipeline and the actual cost, which has been, was substantially higher than doubled. From my recollection.”
So, you know, we need to have, you know, as accurate in numbers as absolutely possible. And I think, I don't think we have the numbers here at the table, and I don't think anyone remembers, but the, we need to get the projected cost of the Trans-Alaska Pipeline and the actual cost, which has been, was substantially higher than doubled. From my recollection. But for the committee's reference, that information would be very interesting to have, and we will get that— those numbers for the committee to review. Senator Keele.
The Alaska State Senate Finance Committee heard Wednesday that the Alaska LNG project's capital costs could reach $70 billion rather than the commonly cited $46 billion, and that the state's 25% equity stake faces potential dilution when new investors join the project's three sub-companies.
