
Speaker B
52:32 - 53:10
"Moving to the $60 billion CapEx increases the breakeven cost of supply from $8.48 under the baseline up to $9.91 per thousand cubic feet. And then under Senate Bill 2001 as introduced on slide 21, that would be $9.97 per 1,000 cubic feet, which again compares to $8.54 under our baseline assumptions."
“Moving to the $60 billion CapEx increases the breakeven cost of supply from $8.48 under the baseline up to $9.91 per thousand cubic feet. And then under Senate Bill 2001 as introduced on slide 21, that would be $9.97 per 1,000 cubic feet, which again compares to $8.54 under our baseline assumptions.”
Again, this is under the current tax law scenario. Slide 20 is the similar analysis under Senate Bill 280 as introduced. Moving to the $60 billion CapEx increases the breakeven cost of supply from $8.48 under the baseline up to $9.91 per thousand cubic feet. And then under Senate Bill 2001 as introduced on slide 21, that would be $9.97 per 1,000 cubic feet, which again compares to $8.54 under our baseline assumptions.
Department of Revenue modeling shows that if the Alaska LNG project costs $60 billion instead of the baseline $46.2 billion, the price needed to break even in global markets would jump by $1.60 per thousand cubic feet, significantly affecting project viability and the state's fiscal analysis of competing tax proposals.

Alaska Department of Revenue modeling shows the Alaska LNG project could cost the state $16.2 billion through 2062 under worst-case production scenarios combining Prudhoe Bay oil losses with Point Thompson underperformance at $100 per barrel oil prices.
