0:33
Matt Kissinger
24:40 - 25:13
"What happens is the developer under our contracts, between AGDC and Glenfarm, developer Glenfarm, they have to continue diligent development efforts until they achieve an FID. And we have laid out sort of 10 criteria of what it means to, you know, commit to— or to undertake diligent development efforts."
“What happens is the developer under our contracts, between AGDC and Glenfarm, developer Glenfarm, they have to continue diligent development efforts until they achieve an FID. And we have laid out sort of 10 criteria of what it means to, you know, commit to— or to undertake diligent development efforts.”
- Speaker
- Matt Kissinger
- Timestamp
- 24:40 – 25:13
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 16, 2026
From the transcript
One is, what happens if we don't go to FID? Because we've received this question a number of times. And I want— I wanted to have Adam up here, Mr. Prestige, on the record so that we could explain. What happens is the developer under our contracts, between AGDC and Glenfarm, developer Glenfarm, they have to continue diligent development efforts until they achieve an FID. And we have laid out sort of 10 criteria of what it means to, you know, commit to— or to undertake diligent development efforts.