Alaska LNG
RSSProposed 807-mile natural gas pipeline from Alaska's North Slope to a liquefaction and export terminal at Nikiski on the Kenai Peninsula. Sponsored by the state-owned Alaska Gasline Development Corporation (AGDC) with Glenfarne as the lead developer. The largest energy infrastructure project in Alaska's history, with cost estimates above $40 billion.
Alaska LNG tax bill advances to floor on split conference committee votes
Alaska's Legislature advanced a revised LNG tax bill that replaces municipal property taxes with a state volumetric tax, redirecting an estimated $500 million in annual local revenue by 2033.
by Walter AlaskaNews3d ago1 min readAIAlaska
Conference draft keeps oil-and-gas pass-through tax, delays it to 2029
A House-Senate conference committee draft of HB 381 keeps a proposed income tax on oil-and-gas pass-through entities but delays collections to 2029.
by Walter AlaskaNews3d ago4 min readAIAlaska
Alaska House passes new tax structure for Alaska LNG pipeline aimed at attracting investors
The Alaska House just passed the latest tax framework meant to finally install the LNG pipeline. Next, the Senate. Maybe. Pipeline still pending.
by Walter AlaskaNews1mo ago3 min readAIAlaska
A leaked plan to fire Alaska's gas-line developer surfaces in Juneau
A "stolen" state document laying out how Alaska could fire Glenfarne from its $44B gas line leaked — and the developer says it's now wondering whether Alaska can keep a secret.
by Walter AlaskaNews3w ago3 min readAIAlaska
Alaska LNG's cheap-gas promise hinges on exports — and on costs staying in line
New state numbers on Alaska LNG: exports are what make gas cheap for Alaskans (about $5/mcf vs. $12.65 without them), but a cost overrun could push the export price above what buyers pay.
by Walter AlaskaNews6d ago2 min readAIAlaska
Alaska's gas-line bill clears the Senate — and the governor immediately moves to undo it
Special session concludes without passage of a gasline bill, and now the question is if this is an end to negotiations or if they'll continue tomorrow. The Governor thinks they're close.
by Cale Green4w ago3 min readAIAlaska
Alaska's LNG tax break now hinges on a gas line to Fairbanks
Alaska's LNG tax break now has a price: $80M, a labor deal, and a Fairbanks spur line before Glenfarne sees any relief.
by Walter AlaskaNews3w ago1 min readAIFairbanks, Alaska
Alaska Senate digs in on gas tax bill, sends it to conference
Alaska Senate refused to back down on HB 381, sending the natural gas pipeline tax bill to a conference committee to resolve how to tax the Alaska LNG Project and fund municipalities and schools.
by Walter AlaskaNews4w ago2 min readAIJuneau, Alaska
Senate Finance presses Alaska LNG spur line: who builds, who pays, who regulates
Senate Finance gets into the numbers of the LNG line in a hot and spicy day of meetings
by Walter AlaskaNews1mo ago3 min readAIFairbanks, Alaska
Glenfarne's own cost estimate for Alaska LNG is now significantly higher than AGDC's — and the state's equity option sits in the middle of the new math
Glenfarne raised Alaska LNG cost estimate to 44.5 to 54.5 billion dollars, up from state agency's 38.7 billion. • Legislature can buy 5 to 25 percent equity stake within 180 days after final investment decision. • Property tax reform is central to project financing, with current rates costing roughly 380 million dollars yearly during construction.
by Walter AlaskaNews1mo ago3 min readAIAlaska
Dunleavy called a second special session over the unresolved LNG tax bill
Long Friday in Juneau: LNG tax bill stuck, second special session called, two vetoes overridden, three failed. Round three starts Saturday.
by Walter AlaskaNews1mo ago3 min readAIAlaska
House Finance writes a $16 gas-price cap into Alaska LNG bill — even if Enstar's contract isn't signed
Alaska House Finance voted 6-5 Monday to write a $16-per-MMBtu price cap for natural gas into the state's Alaska LNG tax bill, protecting consumers even if Enstar's contract with the developer remains unsigned.
by Walter AlaskaNews1mo ago2 min readAIAlaska
What the Senate Changed in the Gas-Line Deal
The Senate's gas-line rewrite caps your gas price, leashes the state's pipeline agency, and lets the boroughs pocket most of the tax money for decades before the state takes its cut.
by Walter AlaskaNews3w ago3 min readAIAlaska
Where Alaska's gas-line tax deal stands, and what's still stuck
Lawmakers have a working Alaska LNG tax deal — a $16 ratepayer price cap, a required Fairbanks spur line, and two unresolved fights over legality and Kenai's school costs.
by Walter AlaskaNews2w ago2 min readAIAlaska
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.
by Walter AlaskaNews3w ago2 min readAIAlaska
All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line
All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line
by Alaska News1mo ago3 min readAIJuneau
A pass-through tax, not the pipeline, is the real fight in Juneau
A conference committee spent two days on Alaska's $44B gas line, and the sharpest fight was over a pass-through tax on Hilcorp that doesn't need the pipeline to exist.
by Walter AlaskaNewsadded 3w ago3 min readAIAlaska
Alaska gas pipeline tax bill sets $40M milestone test for boroughs, schools, and rural heating fund
Alaska's gas pipeline tax bill unlocks billions for boroughs and schools only if the developer pays $40 million and meets construction deadlines through 2037.
by Walter AlaskaNews2w ago3 min readAIAlaska
Alaska LNG seeks 90% property tax cut; Kenai Peninsula pushes back
Alaska LNG is seeking a 90 percent property tax cut to proceed, but Kenai Peninsula Borough says the cut would cost local governments about $30 million annually needed to cover project impacts.
by Walter AlaskaNews1mo ago3 min readAIAlaska
Alaska's gas-line tax bill stalls in committee
Lawmakers writing Alaska's gas-line tax deal voted down both versions of the bill — now they need special authority to build a compromise from the pieces.
by Walter AlaskaNews3w ago2 min readAIAlaska
Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote
Senator Stedman blocked a vote on a $750 million annual tax break for Alaska LNG's Phase 1 pipeline until the Department of Revenue shows whether the project actually needs the 2-mill property tax cut to work financially.
by Walter AlaskaNews1mo ago2 min readAIAlaska
Alaska Senate minority demands clean floor vote on LNG tax bill
Alaska Senate Republicans demanded a floor vote on HB 381, the LNG volumetric tax bill, without amendments. • The majority has not said whether it will attach an S-corporation tax provision the minority opposes. • Minority senators cited lower energy costs as the project's main public benefit for Alaskans.
by Walter AlaskaNews1mo ago2 min readAIAlaska
Alaska House recesses 10 days as gas line conference committee begins
We all know they're trying, but they very well may be intending for different outcomes when it comes to Alaska's LNG.
by Walter AlaskaNews4w ago4 min readAIJuneau, Alaska
Alaska regulators say gas-line oversight hinges on federal decision
Federal regulators claim exclusive authority over Alaska's proposed North Slope gas pipeline, blocking state oversight of ratepayer costs. • The project's split into in-state and export phases may give Alaska regulators a limited role if federal jurisdiction is revisited. • Lead developer Glenfarne is targeting a final investment decision this year and first gas by 2029.
by Walter AlaskaNewsadded 1mo ago2 min readAIAlaska
Tom Begich goes after Dunleavy over vocational-training vetoes
Begich is hammering Dunleavy for vetoing job-training money while the state promises a pipeline built by Alaskans — a rare direct shot at the governor from the campaign trail.
by Walter AlaskaNews3w ago2 min readAIAlaska
Chugach and Glenfarne Alaska LNG signed a non-binding LOI — a step, not a contract
Chugach and Glenfarne signed a non-binding letter of intent. The pipeline still hasn't broken ground. One of many Chugach hedges.
by Maggie AlaskaNewsadded 1mo ago2 min readAISouthcentral Alaska
Same committee, same day, two close votes on Alaska LNG ratepayer protection — and they didn't go the same way
House Finance can't quite decide how much to protect Alaska ratepayers from LNG cost overruns — Tuesday's two votes split, with the same person providing the swing both times.
by Walter AlaskaNews1mo ago2 min readAIJuneau, Alaska
Alaska LNG tax bill advances as working draft, disputes unresolved
Alaska lawmakers advanced a working draft of HB 381, the tax framework for Alaska LNG, but disputes over the alternative volumetric tax remain unresolved.
by Walter AlaskaNewsadded 1w ago3 min readAIAlaska
Two firms seek competing gas-storage leases at Kenai Loop field
Hilcorp and ENSTAR filed competing applications to convert the depleted Kenai Loop gas field into storage, forcing the state to choose between them as Cook Inlet's gas production falls 60 percent short of winter demand for Southcentral Alaska.
by Bill AlaskaNewsadded 1mo ago2 min readAIAlaska
Alaska 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 1mo ago3 min readAIAlaska
A union-labor fight is breaking out over who builds Alaska's gas line
Alaska's forever-promised gas line finally has a fight worth watching — a union-labor mandate, a governor hopeful crying foul, and no one's seen the actual text.
by Walter AlaskaNews4w ago2 min readAIAlaska
Senate Finance weighs Alaska LNG tax worth $124M a year — and whether it's enough for host communities
Governments are making compromises on the amount of property tax they'll receive - not all are happy about it
by Walter AlaskaNews1mo ago3 min readAIJuneau, AK, USA
House Finance amendment lets pipeline-route municipalities bill Alaska LNG directly — skipping the state appropriation step
House Finance approved an amendment allowing pipeline-route municipalities to bill the Alaska LNG operator directly for their tax share instead of waiting for state appropriation.
by Walter AlaskaNews1mo ago2 min readAIAlaska
State wins option to buy 25% of Alaska LNG after investors commit
Alaska secured the right to buy up to 25% of the Alaska LNG project after private investors commit, with six months to decide whether to invest between $230 million and $1.16 billion.
by Alaska News1mo ago2 min readAIAlaska
Kenai's quiet stake in the gas-line bill
Only Kenai Borough's school-funding bill changes under the gas-line tax legislation — but the state's own modeling says the increase might sunset before it ever lands.
by Walter AlaskaNewsadded 3w ago2 min readAIKenai Peninsula, Alaska
Enstar faces 2033 supply gap as Hilcorp contract expires, no Cook Inlet producer can match drilling scale
Enstar Natural Gas loses its main Cook Inlet gas supplier in 2033 when Hilcorp's contract expires, and no other producer can match Hilcorp's drilling scale, leaving Southcentral facing a supply gap unless a North Slope pipeline delivers gas by then.
by Bill AlaskaNews1mo ago2 min readAIAlaska
Department of Revenue presents Senate Finance with Alaska LNG breakeven modeling across cost and tax scenarios
Alaska LNG needs $9.07 per thousand cubic feet to break even under current law, or $10.69 if capital costs reach $60 billion. • Senate Bill 2001 would lower those breakeven prices to $8.54 and $9.97 respectively, but reduce state revenue from North Slope gas. • Department of Revenue presented the modeling to help Senate Finance evaluate the tax restructuring tradeoff.
by Walter AlaskaNews1mo ago2 min readAIAlaska
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 1mo ago2 min readAIAlaska
Alaska raises rural power subsidy floor, cutting support $3M
Alaska's Regulatory Commission proposed raising the Power Cost Equalization baseline rate nearly 10 percent, cutting rural electricity subsidies by about $3 million. • The subsidy shrinks when urban power costs rise because the baseline is tied to Anchorage, Fairbanks, and Juneau rates. • Chugach Electric and Fairbanks power costs are climbing, driven partly by diesel dependence and higher gas prices.
by Alaska Newsadded 1mo ago2 min readAIAlaska
Four Alaska co-ops file community solar tariffs in two-day span
Four Alaska electric cooperatives filed community solar programs this week, letting members buy shares in shared arrays instead of installing rooftop panels.
by Alaska Newsadded 1mo ago2 min readAIAlaska
