0:58

Todd Griffith

82:58 - 83:56

"Exxon has no plan to toll the gas through the infrastructure. But I suppose in the remote case that we or another company did want to toll the gas, my understanding and my expectation would be that the DNR would establish a value for royalty purposes And the DOR would do the same for tax value"

Exxon has no plan to toll the gas through the infrastructure. But I suppose in the remote case that we or another company did want to toll the gas, my understanding and my expectation would be that the DNR would establish a value for royalty purposes And the DOR would do the same for tax value
Speaker
Todd Griffith
Community
Alaska News
Location
Juneau
Captured at
June 8, 2026

From the transcript

Through the chair, Senator, what I can tell you is that Exxon has no plan to toll the gas through the infrastructure. But I suppose in the remote case that we or another company did want to toll the gas, my understanding and my expectation would be that the DNR would establish a value for royalty purposes And the DOR would do the same for tax value. You know, I— on your point about who is here for oil and who is here for the gas, what I can tell you is ExxonMobil is in Alaska for both the oil and the gas, anything that is commercially viable. But we understand your concern, and what I can just tell you is we have no plans to to hold the gas. Our plan remains to sell the gas at the wellhead.

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Cover image for article: All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line