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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”
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.

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Cover image for article: Alaska LNG could cost $70 billion; state's 25% stake faces dilution