Competitive Framework for Alaska: 2012
Alaska Political climate:
Negative experience
The fact that fiscal terms in Alaska are being defined
once a project is identified has already resulted twice in
the loss of a major gas export project:
Under Governor Knowles in 1996 there were realistic
opportunities for LNG exports to Asia. Yet, the process of
having first to develop the "Stranded Gas Development Act"
in order to enter in negotiations resulted in a situation where
Asian buyers went elsewhere.
Under Governor Murkowski in 2003 there was a significant
opportunity to built a gas line to Alberta. Yet, strong
opposition within government and from Alaskans delayed
negotiations and resulted in a disapproval of the project.
These experiences create a negative environment for the
proposal of new projects by major companies in Alaska.
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