Bert Stedman
102:14 - 102:39
"on Phase 1, the mid-range of the low and the high went from $13 to almost $17 billion, is $15 billion. Then you could add the 15% contingency, that puts you at $17 billion. So you can use $17 or a common number is 20%, that'd be $18 billion."
“on Phase 1, the mid-range of the low and the high went from $13 to almost $17 billion, is $15 billion. Then you could add the 15% contingency, that puts you at $17 billion. So you can use $17 or a common number is 20%, that'd be $18 billion.”
- Speaker
- Bert Stedman
- Timestamp
- 102:14 – 102:39
- Community
- Alaska News
- Location
- Alaska
From the transcript
And then Phase 2. And the range that they gave us, they gave us a low and a high. And on Phase 1, the mid-range of the low and the high went from $13 to almost $17 billion, is $15 billion. Then you could add the 15% contingency, that puts you at $17 billion. So you can use $17 or a common number is 20%, that'd be $18 billion.
Related Coverage
Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.
by Walter AlaskaNews1mo ago3 min readAI
State economist: even with tax breaks, the gas line barely works
State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
by Walter AlaskaNews1mo ago2 min readAI