Chenault Discusses Future of Instate Gas Projects

Posted: April 25, 2013 at 7:59 am

As the dust is settling following the first half of the legislative session in Juneau, there has been a lot of attention paid to the issue of instate natural gas as state lawmakers passed House Bill 4 to foward an instate gas project through the Alaska Gasline Development Corporation. Last week, Governor Sean Parnell hinted that a merger may be in the future between the producers under the AGIA framework and the project though the AGDC.  We spoke to House Speaker Mike Chenault

 

Speaker Chenault(R-Nikiski): “We all know that the big three are out there, they’re looking at a project that’s a $45-$65 billion project and they would bear the brunt of the total cost of  building that. The’re looking at the markets trying to figure out where they have a market to sell this gas, and how much gas we can actually move on a daily basis off the North Slope and when. It wouldn’t surprise me if these lines somewhat mergered  we’ll just have to wait and see. One of Alaska’s options is the ASAP line, and you know, it’s our hope that even if they don’t build the other line, they get behind this on, they’ll have to be behind it in some form because they own the gas.”

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