
Jesse Kiehl
50:16 - 50:33
"So if the project's components end up costing a whole lot more than that, retaining some of that value, the mill equivalent will be lower and that will just be lower, right?"
“So if the project's components end up costing a whole lot more than that, retaining some of that value, the mill equivalent will be lower and that will just be lower, right?”
Right, in nominal terms. Real is $55.4. Senator Keehl. Thank you, Mr. Chairman. So if the project's components end up costing a whole lot more than that, retaining some of that value, the mill equivalent will be lower and that will just be lower, right?
The Alaska Senate Finance Committee voted 7-0 Friday to advance a rewritten tax bill for the Alaska LNG project, replacing a capital-expenditure formula with fixed per-unit rates and adding termination conditions for the tax abatement that would lapse if developers miss hard deadlines.
