Video Clips

Quoted moments from Alaska public meetings, hearings, and press conferences.

Clips from GlenfarneClear

Adam Prestidge

“we do have the view that if there were ever a cash consideration or a cash repurchase, we would not ask for the monetary value of any tax arrangement to be reflected in terms of in any repurchase.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:49

Frank Richards

“If Glenfarm decides to abandon the project, we do so with no recourse. And that is a very important characterization of how this has been set up.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:19

Calvin Schrage

“One question that I would have, which has not been addressed as of yet, is who is able to claim value for any tax abatement that's provided by the legislature?”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:11

Adam Prestidge

“We would not ask for any numerical value to be assigned based on the implementation of a tax arrangement.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:57

Frank Richards

“The document that we are discussing today is a draft document that AGDC staff created specifically to provide information to AGDC's board while we were working on the definitive agreement.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:25

Matt Kissinger

“Senator Steadman, through the Chair, if you would be willing to provide us with a copy of that document, then we can consider redacting it and reviewing it. But as of now, we've only been able to to look at that document. We don't have our own copy of that document.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:18

Bryce Edgmon

“I move, Mr. Chairman, that we adopt the committee substitute for House Bill 381 Finance amended. For reference, it is 34-GH2038\W.A.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:45

Calvin Schrage

“For the House, 0 yeas, 3 nays. With 3 yeas, 0 nays in the Senate and 3 nays in the House, House Bill 381, Senate amended, fails to be adopted. Having not adopted either the House or Senate versions of HB 381, and after consultation with the presiding officers, the committee will proceed with its work under the expectation that limited powers of free conference will formally be granted later in the process when the bodies reconvene and before the adoption of the final committee reports by both bodies. Under limited powers of free conference, the conference committee can adopt any language, dates, or effective dates subject to conference.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:20

Calvin Schrage

“After discussions with committee members, there is interest in starting with the Senate Finance version. Which largely mirrors and builds upon the bill passed by the House.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:23

Matt Kissinger

“that was not in the main agreement. And the main agreement has the abandonment provisions that we have also discussed where there is not a payment.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:43

Matt Kissinger

“Representative Fields asked about these clawback mechanisms at that meeting, and what I said was, I said there— I said, and just to address this clearly, this is my words, and just to address this clearly because I've heard many questions that dance around this, the clawback would be a paid clawback. And there's real important reason for that. If you're moving towards milestones and you're gonna penalize your developer and they miss a milestone and you can just take everything away from them and they can lose everything, They will put nothing into it.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:25

Calvin Schrage

“Our next meeting of the HPPC HB 381 conference committee will take place tomorrow, Saturday, June 27th at 10:00 a.m. During that meeting, we will conclude this presentation as well as go over the amendments passed on the Senate floor to HB 381.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:08

Calvin Schrage

“With that, I'd like to call the roll. Senator Cronk. No. Senator Steadman. No.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:16

Calvin Schrage

“From there, we will move on to amendments adopted on the Senate floor, which I expect will form the basis of most of our decision-making. While our initial focus will be on the Senate components, the committee retains the ability to consider the House version and its individual provisions as we work toward a final product.”

Alaska Legislature: JHB381-260626-1400 · Jun 26, 2026

0:26

Mike Dunleavy

“we had one of the largest fertilizer plants also next to the LNG export plant, to just Monetize that enormous amount of gas that was there. Well, that gas is, that gas is diminishing rapidly.”

Governor Dunleavy: Delivering for Alaskans: What's Next for AKLNG · May 21, 2026

0:24

Mike Dunleavy

“we're running out of gas in the very inlet in which we pioneered LNG export. Right out the window here, we're running out of gas.”

Governor Dunleavy: Delivering for Alaskans: What's Next for AKLNG · May 21, 2026

0:47

Mike Dunleavy

“our first oil play was actually just out the window here in Cook inlet in the 1950s and 60s. And there was so much gas that that was one of the reasons why there was an LNG export concept that was developed, because you got to remember the rest of the United States was not exporting LNG at that time. We were trying to import and get as much lng, excuse me, gas as possible. In any event, in the late 60s, the port was developed and we were shipping LNG to Tokyo to Japan for 50 straight years uninterrupted.”

Governor Dunleavy: Delivering for Alaskans: What's Next for AKLNG · May 21, 2026

0:47

Mike Dunleavy

“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.”

Governor Dunleavy: Delivering for Alaskans: What's Next for AKLNG · May 21, 2026

0:30

Mike Dunleavy

“one of the biggest projects amongst the many that are being represented here at this conference, of course, is our Alaska LNG project. This has been something that's been talked about for decades and decades and decades.”

Governor Dunleavy: Delivering for Alaskans: What's Next for AKLNG · May 21, 2026

0:19

Mike Dunleavy

“this project went last year from discussion. It's gone from concept to discussion to now execution. This is how far this project has gone in such a short period of time.”

Governor Dunleavy: Delivering for Alaskans: What's Next for AKLNG · May 21, 2026

0:59

Adam Prestidge

“The distinction here is that recognizing the importance of AGDC's role representing the State of Alaska, there are additional components and rights and, and principles that benefit the AGDC minority share and require certain things from Glenfarn”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:19

Matt Kissinger

“Additional capital asks of AGDC or of the state have to have AGDC approvals. That's a really important one. There are no more capital asks of AGDC into 8 star without AGDC's consent.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:34

Adam Prestidge

“Two of those board members are appointed by Glenn Farn. The first, the chair of the board is Brendan Duvall, the CEO and founder of Glenfarn Group. And the second board member appointed by Glenn Farn is myself, Adam Prestage. AGDC has the right to appoint one board member and they've appointed Frank Richards the president of of agdc.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:15

Matt Kissinger

“Same with asset distributions. They're not allowed to distribute the assets of eight Star without our approval. So that protects eight Star and the assets within it. That especially the permits and the right of way and things that we've contributed to it.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:30

Matt Kissinger

“These are the overarching principles that we put in place to truly protect the key issues of importance to Alaskans. So the first one is establish and maintain a substantial operational presence in Alaska. And again, if we see contracts coming through that don't achieve that aim, then AGDC has the right to disapprove of those contracts.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:29

Matt Kissinger

“The first one is non Alaska aligned contracts. So we have the Alaska Advantage principles that we'll talk about next and we get to review every key contract that is progressed through eight Star and ensure that they're all in line with those principles.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:30

Adam Prestidge

“In addition we have an independent non voting board member that sits on the board. That person at all times needs to be an Alaska resident. That position is appointed by the mutual agreement between Glenfarn and agdc. That role, that board seat is currently held by Janet Wiese who was formerly the president of BP Alaska.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

0:52

Adam Prestidge

“I want to just highlight that the Alaska Advantage principles you see on the screen here are unique. And you wouldn't normally find this in a typical private equity type investment or your average petrochemical plant on the Gulf Coast. This is a project that has very unique components and a level of importance to the state of Alaska. That's something that we, Glenn Farn, have recognized from our very first bit of involvement in the project. I can tell you that the Alaska Advantage principles or concepts that AGDC put forward very, very early in our discussions with them and we've honored them and been willing to incorporate them into our agreement, they are principles that dictate how we take this project forward.”

Alaska Legislature: Senate Finance, 6/3/26, 1:30pm · Jun 3, 2026

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