Skip to main content
“it's really that number, that $9.07 with some potential upside to it, that represents why a project like this may need some sort of— may need or want some sort of tax relief.”
Community
Alaska News
Captured at

From the transcript

And it's really that number, that $9.07 with some potential upside to it, that represents why a project like this may need some sort of— may need or want some sort of tax relief.

Related Coverage

Alaska gas line faces economic challenge even with tax breaks

Alaska LNG needs $8.48 to $9.07 per thousand cubic feet to break even, but global prices are $8 to $9. • Governor's tax plan cuts state revenue from $29.7 billion to $22.5 billion over the project's life. • Capital cost overruns and producer gas prices pose bigger risks than tax relief can fix. • State could invest $4.4 billion for a 25 percent equity stake.

Cover image for article: Alaska gas line faces economic challenge even with tax breaks

House Resources gas line bill would cost municipalities $13B under governor's plan

Governor's plan cuts municipal revenue by $13 billion, House Resources version cuts only $2 billion • Governor replaces property tax with volumetric tax statewide, House Resources keeps property tax on facilities • Both versions reduce state revenue, project remains economically challenged at current market prices

Cover image for article: House Resources gas line bill would cost municipalities $13B under governor's plan