Trump administration opened 13.1 million federal acres to coal leasing and fast-tracked energy permits to under 28 days, affecting subsistence resources across Alaska's North Slope.
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.
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.
The Arctic Refuge lease sale brought in $3.7 million from two bidders, a modest showing compared with the recent NPR-A sale’s 11 companies and $163 million-plus in receipts.
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.
ENSTAR locked in $16 per thousand cubic feet for North Slope pipeline gas, undercutting LNG imports at $20 to $23 but raising costs 48% above current Cook Inlet supply before adding $4.50 to $6 in distribution and storage charges.
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.
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.
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.
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.
This episode covers the week's major Alaska stories: a gas pipeline tax bill that added oil tax increases, the Point Thomson condensate trade-off for pipeline gas, Mount Edgecumbe enrollment crisis, and McNeil River bear sanctuary access proposals.
Senate Finance heard the proposed Alaska LNG tax break would cut state and municipal revenues by $18 billion over 30 years, but the estimate rests on construction costs that may range from $45 billion to $90 billion.
Alaska’s LNG project may have just gotten a $24 billion “whoops.” The state has been planning around a $46 billion price tag, but lawmakers were told the real number may be closer to $70 billion — which is less of a budget update and more of a financial jump scare.
The EPA's deputy came to Anchorage to tell the resource industry the feds are clearing the way — and the message from the room was: hurry, before the politics flip.
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.
Alaska Senate passed a tax on oil and gas pass-through entities, effective 2028, after rejecting an immediate start date. The state estimates the tax will recover more than $400 million annually once the LNG project reaches full production.
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.
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.
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.
AIDEA approved up to $190 million on May 13 for seismic surveys and lease evaluation in the Arctic National Wildlife Refuge Coastal Plain ahead of a federal lease sale scheduled for June 2026.
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.
Governor Mike Dunleavy urged the legislature to pass a payment-in-lieu-of-taxes bill within three weeks, calling it essential to financing what he described as the largest project in Alaska history, an LNG pipeline from the North Slope.
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.
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.
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.
North Slope Borough Mayor Patkotak and Kenai Peninsula Borough Mayor Micciche negotiated property tax terms for the Alaska LNG project as the House Finance Committee delayed its amendment deadline to allow talks to continue.
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.
Alaska House votes to recess two weeks during special session on gas line taxation, allowing members to leave for Memorial Day weekend. • Opponents warn the break could delay the gas line bill, which they call the state's most urgent issue. • House also approves carrying over two companion bills on natural gas pipeline property taxes into the special session.
by Maggie AlaskaNews9h ago2 min readAI
