
Mike Dunleavy
29:22 - 30:10
"that enormous amount of gas would enable us to get incredibly low prices, relatively speaking here in state in Alaska, which would reduce, as opposed to what's happening in other parts of the country, reduce the cost of energy for Alaskans for the long term."
“that enormous amount of gas would enable us to get incredibly low prices, relatively speaking here in state in Alaska, which would reduce, as opposed to what's happening in other parts of the country, reduce the cost of energy for Alaskans for the long term.”
Well, that, that would be a death knell for business coming to Alaska, especially if you're looking at $16 a unit gas or higher. And so what this project would do for us, because 500,000 people on what we refer to as the rail belt between Fairbanks, Anchorage and where the gas would be exported, we're an afterthought. I mean we're so small, but that enormous amount of gas would enable us to get incredibly low prices, relatively speaking here in state in Alaska, which would reduce, as opposed to what's happening in other parts of the country, reduce the cost of energy for Alaskans for the long term. You know, we got about a minute and 40 seconds left, Brandon, and I want to give this time to you to just opine on, you know, where you, where you think this is going, what you want people to think about. Because I am confident.
The developer behind the Alaska LNG project says financing is lined up and construction could begin in 2027. The timeline depends on the legislature approving a tax deal and regulators signing off on a gas supply agreement for Southcentral Alaska.
The Alaska LNG project is close to a gas supply agreement with Enstar Natural Gas that would deliver North Slope gas to Southcentral Alaska at prices below imported LNG. The deal awaits regulatory approval before the 807-mile pipeline can move to financial close.
