Competitive Framework for Alaska: 2012

Deficiencies Negative PPT Chart 4.1.2.1-1 ACES cash flow to Alaska for Base Case for Gas-Condensate (stand alone) 2000 1500 1000 500 0 -500 -1000 -1500 -2000 Years ACES By definition, for a marginal project the total negative ACES cash flow to government as a result of tax credits and tax deductions becomes (almost) identical to the positive cash flow. In other words the net government receipts are low or even negative. 65

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