Posted Wednesday, April 11, 2018 - 12:36 pm
The main criticism surrounding the commercialization of the North Slope gas reserves is that the state would never find investors. Many also believed that if the project was not economical under the private sector, it was not economic at all. Neither belief is true.
The Alaska Gasline Development Corporation (AGDC) is on the cusp of signing deals with investors who will pour hundreds of millions of dollars into our state. That is an immediate path forward for the Alaska LNG pipeline. We don’t have to wait and wish for another mega-project anymore – we already have it.