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0:26

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.”
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Alaska News
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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.

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