
Bert Stedman
31:51 - 32:18
"that integrated structure you talked about, I think for the state's 25% share, included our royalties plus a gas tax to create that 25% alignment with the 3 major producers in that project, which seems to be quite dissimilar from the merchant structure or this tolling structure that you just mentioned."
“that integrated structure you talked about, I think for the state's 25% share, included our royalties plus a gas tax to create that 25% alignment with the 3 major producers in that project, which seems to be quite dissimilar from the merchant structure or this tolling structure that you just mentioned.”
- Speaker
- Bert Stedman
- Timestamp
- 31:51 – 32:18
- Source
- SFIN-260527-0900
- Community
- Alaska News
- Captured at
- May 27, 2026
From the transcript
Senator Steadman. Are you done with this slide? Yes. Okay. Before we go to that slide, that integrated structure you talked about, I think for the state's 25% share, included our royalties plus a gas tax to create that 25% alignment with the 3 major producers in that project, which seems to be quite dissimilar from the merchant structure or this tolling structure that you just mentioned.
Related Coverage
Alaska LNG could cost $70 billion; state's 25% stake faces dilution
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.
