1:11
Nicholas Fulford
26:11 - 27:22
"unlike the Gulf Coast projects, which involve smaller capital investment but higher operating costs, for example, gas purchase and shipping, Alaska's quite the opposite. And although it's a gas project, it's almost easier to look at it as if it were a toll road or an airport or some kind of infrastructure project because most of the value for AKLNG is going to be in that midstream"
“unlike the Gulf Coast projects, which involve smaller capital investment but higher operating costs, for example, gas purchase and shipping, Alaska's quite the opposite. And although it's a gas project, it's almost easier to look at it as if it were a toll road or an airport or some kind of infrastructure project because most of the value for AKLNG is going to be in that midstream”
- Speaker
- Nicholas Fulford
- Timestamp
- 26:11 – 27:22
- Source
- SFIN-260527-0900
- Community
- Alaska News
- Captured at
- May 27, 2026
From the transcript
The, the other feature which sets the Alaska LNG Project apart is the, is the emphasis on capital investment and 'Cause unlike the Gulf Coast projects, which involve smaller capital investment but higher operating costs, for example, gas purchase and shipping, Alaska's quite the opposite. And although it's a gas project, it's almost easier to look at it as if it were a toll road or an airport or some kind of infrastructure project because most of the value for AKLNG is going to be in that midstream, in the processing plant, the pipeline, and the liquefaction. Once you've put those facilities in, the running costs of the project, if you like, are relatively low. And, you know, you'll often read in the press that, you know, Alaska LNG is too expensive, it's, you know, it's never going to fly because of that. In actual fact, I think, as you'll see later on in the presentation, you know, the economics are perfectly feasible under certain conditions.
Related Coverage
Alaska LNG could cost $70 billion; state's 25% stake faces dilution
The Alaska State Senate Finance Committee heard Wednesday that the Alaska LNG project's capital costs could reach $70 billion rather than the commonly cited $46 billion, and that the state's 25% equity stake faces potential dilution when new investors join the project's three sub-companies.
by Bill AlaskaNews1h ago2 min readJuneau, AlaskaAI
