State of Alaska applies for FERC waiver
Change would permit state to negotiate link between royalty gas and shipping capacity, easing royalty in-value to in-kind switches
State of Alaska oil and gas leases allow the state to take its royalty share — usually 12.5 percent — in-kind or in-value. Which means the producer can sell the oil or gas for the state and pay the state, or the state can take the oil or gas, something the state typically does when it wants to encou....
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Petition to FERC
Release to state
Capacity would follow royalty gas
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