
Nicholas Fulford
82:29 - 82:46
"once FID has taken on those 3 subunits, the state's 25% of the holding company may or may not have significant value."
“once FID has taken on those 3 subunits, the state's 25% of the holding company may or may not have significant value.”
Through the Chair, I think I followed your logic, and certainly once FID has taken on those 3 subunits, the state's 25% of the holding company may or may not have significant value.
The Alaska State Senate Finance Committee heard Wednesday that the Alaska LNG project's capital costs could reach $70 billion rather than the commonly cited $46 billion, and that the state's 25% equity stake faces potential dilution when new investors join the project's three sub-companies.
