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0:06

Matthew Kissinger

27:20 - 27:27

“that 2mil rate has since morphed into this alternative volumetric tax which we feel also brings a lot more alignment.”
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Alaska News
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Alaska
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From the transcript

And that 2mil rate has since morphed into this alternative volumetric tax which we feel also brings a lot more alignment.

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Glenfarne's own cost estimate for Alaska LNG is now significantly higher than AGDC's — and the state's equity option sits in the middle of the new math

Glenfarne raised Alaska LNG cost estimate to 44.5 to 54.5 billion dollars, up from state agency's 38.7 billion. • Legislature can buy 5 to 25 percent equity stake within 180 days after final investment decision. • Property tax reform is central to project financing, with current rates costing roughly 380 million dollars yearly during construction.

Cover image for article: Glenfarne's own cost estimate for Alaska LNG is now significantly higher than AGDC's — and the state's equity option sits in the middle of the new math