
Matt Kissinger
22:43 - 23:22
"even with relief, we'll still be sort of 5 times higher than LNG Canada in our property taxes"
“even with relief, we'll still be sort of 5 times higher than LNG Canada in our property taxes”
And they're now paying around $27 million a year in property taxes. If you compare that to the relief that we're looking for, at full volumes, we would be paying around 5 times that much. So even with relief, we'll still be sort of 5 times higher than LNG Canada in our property taxes. We have spent a lot of time in front of the legislature I think that has been a very meaningful conversation that we're having, and I would say that everyone has got the same focus. Everybody is trying to do what's right for Alaska, and I believe that sincerely and across the board.
Enstar Natural Gas faces losing its primary gas supply in 2033 when its contract with Hilcorp expires, leaving Southcentral Alaska utilities with no Cook Inlet producer capable of matching the scale of investment that has kept the basin producing for the past decade.
