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Vol. 9, No. 16 Week of April 18, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Calpine interested in Alaska gas

Financially troubled company talking with municipal gas line authority

Larry Persily

Petroleum News Government Affairs Editor

Calpine Corp. is talking with the Alaska Gasline Port Authority about possibly buying billions of dollars of natural gas from the municipally owned project proposed to move North Slope reserves to market. But the San Jose, Calif.-based power company likely will need to overcome its junk-bond credit....

    [additional news subjects in this story]

Company finances ‘legitimate concern’

Liabilities total almost $23 billion

Calpine looks to pipe and LNG supplies

Access to financial markets ‘critical’


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