Alaska Natural Gas Pipeline Message Board

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Gold/Mining/Energy : Alaska Natural Gas Pipeline

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To: Kenneth Kirk who wrote (301)	5/12/2007 3:54:36 PM
From: Kenneth Kirk	Read Replies (1) of 570

Key provisions • INDUCEMENTS: Potential builders apply for license entitling them to receive inducements to construct a gas pipeline, including up to $500 million from the state to offset startup costs. Builder must match the state dollars. • 10-YEAR TAX: State locks in tax for 10 years on gas committed early to the pipeline. • STATE USE OF GAS: Five sites along the pipeline where Alaskans can hook up and get gas for in-state use. • LOCAL HIRING: Builder must hire qualified Alaskans, engage in collective bargaining, and have hiring offices in Alaska. • PERMITS: State promises to issue project permits quickly. (this was from the same ADN story as the previous post)

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