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Alaska gas line leaders ask lawmakers to support giving $44B project until year’s end to succeed — or die

Posted on AllSides May 1st, 2024
From The Center

Top board members for the Alaska Gasline Development Corp. are asking the Alaska Legislature for another year of funding to keep the challenged Alaska LNG gas line project alive. The request comes as lawmakers raise concerns about the struggling project, including the high salaries of the executives in charge. The board members have also instructed project staff to find adequate private funding to pay for the huge project or at least a major first phase of it. If either of those can’t be done, the project should be shut down...

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https://adn.com/business-economy/energy/2024/05/01/alaska-gas-line-leaders-ask-lawmakers-to-support-giving-44b-project-until-years-end-to-succeed-or-die

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