“under current law, if the project were to proceed, there would be almost $30 billion of cumulative revenue over the life of project to the state. About $22.6 billion to the federal government and over $17 billion to the municipal governments.”
So Slide 26, this is the first of 3. 3 Similar slides has a little bit of information going on. So the cash flow summary at the top here shows the cumulative revenues to the various stakeholders over 10, 20, and 30 years of full export operations. So we can see that under current law, if the project were to proceed, there would be almost $30 billion of cumulative revenue over the life of project to the state. About $22.6 billion to the federal government and over $17 billion to the municipal governments.
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.
