EventGlenfarne Alaska LNG proposes a $16 per MMBtu cap on gas sold through its 807‑mile pipeline, aiming to keep Alaskan prices low if construction overruns occur. The offer could resolve a sticking point in lawmakers’ 30‑day session on a 90% volumetric tax break, while an Enstar contract guarantees a fixed price.
Alaska's pipeline developer Glenfarne proposes a $16/MMBtu price cap on gas from its planned 807‑mile line, aiming to curb consumer costs and address lawmakers’ tax‑break concerns.
Pipeline developer Glenfarne has proposed a $16 per MMBtu price cap for natural gas sold through the proposed trans‑Alaska pipeline, aiming to protect Alaskan consumers while legislators debate cost estimates and a tax‑break framework.
The developer has offered a $16 per MMBtu price cap to protect consumers if the pipeline costs overrun, aiming to reassure lawmakers during the 30‑day special session.
