
Nicholas Fulford
94:01 - 95:05
"one of the advantages of the volumetric tax is that if you double the— or if you increase the capacity of the LNG project, you're also multiplying the AVT. Whereas you wouldn't be multiplying the property tax."
“one of the advantages of the volumetric tax is that if you double the— or if you increase the capacity of the LNG project, you're also multiplying the AVT. Whereas you wouldn't be multiplying the property tax.”
Um, then particularly for Alaska, where the gas supply— that there is no question about the gas supply, that there will be sufficient gas for decades to come. And, and then if you look across to Canada, you know, in, in Arctic Canada, there's another multi-trillion cubic feet resource there. So, um, you know, so ultimately expansion would be the next thing for AK LNG, and, and at that point Okay, you've probably got to put more compression in, maybe reinforce the pipeline, but ultimately, proportionally to the capital, you're not doubling the capital to put— to double the capacity. So one of the advantages of the volumetric tax is that if you double the— or if you increase the capacity of the LNG project, you're also multiplying the AVT. Whereas you wouldn't be multiplying the property tax.