Nicholas Fulford
Senior Director, LNG & Energy Transition · GaffneyCline
13 articles · 9 transcripts · 24 clips
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The $16 Gas Promise Comes With Fine Print
The gas line's headline $16 price is firm — until you notice it's quoted in the wrong unit, climbs with inflation before any gas arrives, and gets policed by a commission missing half its top staff.
Alaska LNG faces tax competition from Canadian projects with federal support
Canada landed its big LNG project the old-fashioned way, by quietly stacking tax breaks for investors years before anyone broke ground, and Alaska's Senate spent Wednesday flipping through the recipe to see what's worth copying.
Alaska LNG could cost $70 billion; state's 25% stake faces dilution
“it is clear that one or more companies with a very significant balance sheet would have to enter the project with equity in order for it to get across the finish line.”
AGDC tells House Finance that Alaska property tax is 10 times higher than competing LNG projects
More conversations about the Governor's plan to make the AK LNG project more profitable to investors.
Energy consultant tells House Finance that property tax makes Alaska LNG unfinanceable
Energy consultant says property tax costs $600 million yearly, making Alaska LNG unfinanceable.
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.
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.
Alaska LNG Tax Bill Stalls as Lawmakers Demand Project Cost Data
Alaska lawmakers lack confidential cost data to set taxes on the proposed Alaska LNG project with only days left in the session.
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.
Alaska LNG Consultant Flags Potential 50% Return for Developers vs. $1B State Revenue
A consultant warned lawmakers that Alaska LNG developers could net $8 billion annually by 2050. He cautioned his preliminary model may contain errors that require further review.
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.
Senate panel examines LNG project economics, megaproject risks
Senate Resources Committee heard Alaska LNG faces typical megaproject cost and schedule risks. • A proposed 6-cent volumetric tax would generate roughly $2 billion for the state over 35 years but raise the project's effective tax rate to 33 percent, above competing Canadian projects. • Phased construction reduces upfront costs but introduces financing risk if later phases are delayed.
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.
