
Luke Saugier
11:19 - 11:51
"These are non-binding commitments. Um, and as it says, they don't, they don't trigger any gas deliveries or financial obligations. It's our continuing commitment to work together."
“These are non-binding commitments. Um, and as it says, they don't, they don't trigger any gas deliveries or financial obligations. It's our continuing commitment to work together.”
So we, you know, the things on which we agree, we agree on those things, we set them aside and kind of take those off the table as we continue our commercial negotiations, if that makes sense. These are non-binding commitments. Um, and as it says, they don't, they don't trigger any gas deliveries or financial obligations. It's our continuing commitment to work together. And, you know, I think they're helpful because they show where, where we are as we move forward.
Three major North Slope producers told the Alaska Senate Finance Committee they signed gas sale precedent agreements for Alaska LNG Phase 1 and will sell at the lease line. That structure means midstream pipeline and treatment costs won't be deductible against oil production tax.
