Alaska Gasline Development Corporation (AGDC) is the state corporation that develops the Alaska LNG Project. It is building an 807 mile pipeline carrying North Slope gas to an export terminal at Nikiski, and holds a minority equity stake in the project.
Photo by Arthur T. LaBar, via Flickr · Photo source · CC BY 2.0
agdc.us ↗3201 C St #505, Anchorage, AK 99503, USA
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Week of May 11
Gas line tax break delivers 20% savings, far less than competing states
Alaska's gas line tax break gives developers a 20% savings, far less than the 65% savings they'd get under a 10-year tax holiday like Texas and Louisiana offer, a consultant told lawmakers Saturday.
by Alaska News6mo ago4 min read
Senate panel weighs municipal concerns over Alaska LNG tax structure
Alaska Senate panel revised the LNG tax bill to raise annual revenue to $625 million and added a 10-year sunset clause to address municipal concerns about setting a precedent for future tax breaks.
by Alaska News6mo ago3 min read
Senate cuts community impact fees for gas pipeline by half
Alaska Senate cut community impact fees for the Alaska LNG pipeline to $500,000 per mile, halving projected municipal payments from $740 million to $370 million during construction.
by Alaska News6mo ago5 min read
Senate panel advances gas pipeline bill with oil tax floor increase
Alaska Senate panel advanced a gas pipeline bill raising the minimum oil production tax from 4 percent to 6 percent starting January 2027, whether or not the pipeline gets built.
by Alaska News6mo ago3 min readWeek of May 4
Senate panel proposes doubling Dalton Highway surcharge in gas line bill
Senate committee doubled the Dalton Highway maintenance surcharge to 30 cents per barrel in the gas pipeline bill, but questioned whether $1 billion in tax cuts justify the cost to Alaska.
by Alaska News6mo ago4 min read
Senate panel doubles oil surcharge for Dalton Highway maintenance in gas pipeline bill
Alaska Senate panel doubled the oil surcharge for Dalton Highway maintenance to 30 cents per barrel, generating roughly $50 million yearly, while cutting local government tax revenue by 90 percent.
by Alaska News6mo ago3 min readWeek of Apr 27
Senate panel advances gas pipeline tax overhaul with $610M revenue target
Alaska Senate panel voted to replace property tax on gas pipelines with a volumetric tax projected to generate $610 million annually once Alaska LNG reaches full capacity.
by Alaska Newsadded 6mo ago4 min read
Energy consultant: Alaska LNG tax bill could cut delivered cost by 20 cents
A tax overhaul for Alaska LNG could cut delivered gas costs to Asia by 20 cents per unit, an energy consultant told lawmakers, but the Senate is pushing for higher taxes that could change the math.
by Alaska News6mo ago4 min read
Alaska LNG Tax Bill Walks Tightrope Between Project Viability and Local Needs
House committee approved a three-part tax on Alaska LNG with a six-year break, but Senate wants rates up to 55 cents per thousand cubic feet. • The bill requires community benefit agreements and revenue sharing with municipalities, but lacks enforcement details. • North Slope and Kenai Peninsula boroughs could take equity stakes instead of tax payments, a structure unlike other major LNG projects.
by Alaska News6mo ago4 min read
Week of Apr 20
House Resources Committee debates LNG equity stakes, rejects wildlife refuge amendments
Alaska House Resources Committee heard testimony on state equity stakes in the Alaska LNG project and rejected five wildlife refuge bill amendments on 5-4 party-line votes Friday.
by Alaska Newsadded 6mo ago7 min read
Week of Mar 30
Mayors Oppose Alaska LNG Tax Bill, Cite Revenue Concerns
Five Alaska borough mayors told lawmakers the proposed Alaska LNG tax bill would slash municipal revenues by up to 90 percent, prompting the Senate to delay it for further review.
by Alaska Newsadded 7mo ago2 min readComing up
Alaska LNG ROW Lease Conversion Public Hearing (Virtual)
Virtual (Microsoft Teams)
Hearing
Alaska LNG ROW Lease Conversion Public Hearing (In Person)
Hearing
Alaska LNG Point Thomson Transmission Line & GTP-Mainline-LF ROW Conversion - In-Person Public Hearing
Hearing
Alaska LNG ROW Lease Conversion Written Comment Deadline
Public notice
Alaska LNG ROW Conversion - Written Public Comment Deadline
Public notice
About Alaska Gasline Development Corporation
Photo by Arthur T. LaBar, via Flickr · Photo source · CC BY 2.0
agdc.us ↗3201 C St #505, Anchorage, AK 99503, USA
The Alaska Gasline Development Corporation (AGDC) is the state corporation behind the Alaska LNG Project, based in Anchorage. The project is designed to carry North Slope natural gas by pipeline to Cook Inlet and an export terminal at Nikiski.
AGDC holds the state's equity share in Alaska LNG, which it develops with the private partner Glenfarne, and keeps approval rights over major project decisions. Its managers go to its board for money to oversee that stake. Recurring questions concern the project's cost and financing, state leases for the pipeline route, and whether gas will reach Southcentral before Cook Inlet supply runs short.
The project's tax terms are set by the Alaska Legislature, which weighs a volumetric gas tax in place of property tax, community impact fees for towns along the route, and a spur line to Fairbanks. The Kenai Peninsula Borough and the North Slope Borough have a stake in how that revenue is shared.