Nikiski
RSSNews from Nikiski, Alaska
Alaska LNG developer says financing secured, eyes 2027 start
Alaska LNG developer says financing is secured and construction could start in early 2027, with gas flowing to Cook Inlet by late 2029, pending legislative approval of tax terms and regulatory sign-off on a gas supply deal.
by Alaska Newsadded 4mo ago2 min readAlaska LNG nears Enstar supply deal as Cook Inlet gas declines
Alaska LNG is near a deal to supply North Slope gas to Southcentral Alaska homes and businesses through Enstar Natural Gas at prices below imported LNG, with pipeline construction set to start in early 2027 and gas delivery by late 2029.
by Alaska Newsadded 4mo ago3 min read
Alaska keeps veto power over LNG project despite 25% stake
Alaska keeps veto power over major Alaska LNG decisions despite owning only 25 percent of the joint venture with Glenfarne Group, including approval rights over contracts, capital requests, and rate structures that prioritize in-state gas use.
by Walter AlaskaNews4mo ago2 min read
AIDEA releases $50M credit line for Cook Inlet gas drilling
AIDEA released the first draw from a $50 million credit line to HEX Cook Inlet LLC in May to drill two offshore gas wells, part of a broader state push including a royalty rate cut to 3% and pending legislation to support Cook Inlet production.
by Bill AlaskaNewsadded 4mo ago2 min read
Roundup: Alaska energy conference closes with pipeline financing, record lease sale, and economic freedom debate
Glenfarne secured financing for Alaska LNG pipeline, targeting 2027 construction and 2029 delivery to Cook Inlet, pending tax legislation. • National Petroleum Reserve-Alaska lease sale drew $163 million in bids for 1.3 million acres, though one block faces court challenge. • Dunleavy and economist Wade argued regulatory streamlining and energy access drive economic growth.
by Walter AlaskaNews4mo ago4 min read
Alaska LNG project secures financing proposals, targets 2027 construction start
Alaska LNG secured private financing to build 800-mile pipeline from North Slope to Cook Inlet, targeting 2027 construction start and 2029 gas delivery. • Needs tax stabilization law and utility regulator approval to proceed. • Export facility would sell 20 million tonnes of LNG yearly, mostly to Asia. • Project addresses Cook Inlet gas shortage and aims to lower Alaska energy costs.
by Walter AlaskaNews4mo ago2 min read
Alaska Energy Conference Highlights Gas Pipeline Progress Amid Legislative Tax Debate
Alaska LNG pipeline signed contracts, targets 2029 delivery, but governor and legislature split on tax framework. • Southcentral consumers could pay $22.96 per thousand cubic feet if exports fail, double current rates. • Federal officials highlighted critical minerals and $1 billion in funding, but permitting takes 15 to 18 years. • Rural Alaska pays $6.63 per gallon with no pipeline relief in sight.
by Walter AlaskaNews4mo ago4 min read
Interior Secretary urges Alaska to build LNG project quickly amid Asian demand
Interior Secretary Burgum urged Alaska to build the 50 billion dollar LNG project quickly, citing strong Asian demand and geopolitical advantage over Middle Eastern suppliers.
by Walter AlaskaNews5mo ago4 min read
Alaska LNG Project Targets 2029 Gas Delivery as Developer Reports Major Contract Awards
Alaska LNG project targets 2029 gas delivery after awarding major construction contracts, but needs legislative approval of a 6 cent per MCF tax rate within three weeks to reach final financing.
by Walter AlaskaNews5mo ago3 min read
AG nominee Cox faces criticism over grand jury access policies
Attorney General nominee Stephen Cox faced criticism Monday for blocking Alaskans from bringing complaints directly to grand juries, contradicting research he himself commissioned.
by Alaska News5mo ago3 min read
Senate Resources hears LNG tax framework comparison, transparency concerns
Alaska Senate Resources Committee heard a consultant compare LNG tax frameworks and flag that lack of clarity on property taxes may be blocking project talks with stakeholders.
by Alaska Newsadded 5mo ago8 min read
Senate panel adopts changes to health care compact bill
Alaska Senate panel approved changes to join four interstate medical licensing compacts aimed at recruiting rural health providers, adding background check requirements for medical professionals.
by Alaska News5mo ago3 min read
Senate panel hears workforce plan for Alaska LNG pipeline
Alaska LNG pipeline needs 6,600 workers by 2027, but state's shrinking workforce means most will come from outside Alaska. • Training system runs at 60 to 80 percent capacity; barriers include instructor shortages and living costs during training. • State should expand short-cycle vocational programs and consider a state apprenticeship agency to increase hiring ratios.
by Alaska News5mo ago5 min read
Senate panel examines regulatory questions on gas pipeline tax plan
Senate panel debated tax breaks and regulatory oversight for a proposed natural gas pipeline, with municipalities seeking clearer cost projections and more local control.
by Alaska News5mo ago4 min read