EventGov. Mike Dunleavy has called a special legislative session to eliminate most state and municipal property taxes on the proposed pipeline, offering revenue sharing once gas flows. The Glenfarne‑sponsored line would run from Alaska’s North Slope to a Cook Inlet LNG plant at an estimated cost of $44–$55 billion, tapping about 35 trillion cubic feet of stranded natural gas currently reinjected at roughly 8 Bcf/day.
The state is pushing a new $44‑55 billion pipeline plan from Alaska’s North Slope to Cook Inlet, with Governor Mike Dunleavy calling for property‑tax concessions as lawmakers weigh historic challenges and the promise of monetizing stranded gas.
A decade‑old dream of an Alaskan natural gas pipeline has resurfaced under Gov. Mike Dunleavy’s leadership with a Glenfarne LLC proposal that could cost $44–$55 billion and deliver stranded North Slope gas to Cook Inlet, but the project faces historic economic and regulatory obstacles.
