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Parnell Eyeing Ways To Further Advance Gas Line

By | October 12, 2012

Alaska Gov. Sean Parnell says an all-encompassing fiscal package for a major natural gas pipeline project isn’t expected next year.

Parnell had said that if companies met his milestones for progress on a line, the 2013 Legislature could take up gas tax legislation.

On Thursday, Parnell said there won’t be an overall gas-line fiscal package unless the companies are ready to make a final investment decision. According to the companies’ own timeline, that isn’t expected for some time.

But he said he does expect to address some measure of financial terms or other additional steps the state could take to make a gas line a reality.
His goal is to make sure the companies invest, and to do that, he says the state will take “commensurate and proportionate” steps.

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