State delivers contract terms to producers

Governor says state would invest $4 billion in gas pipeline, get revenues of $2-$3 billion a year; calls for response within a week

By Kristen Nelson

Petroleum News Editor-in-Chief

Alaska Gov. Frank Murkowski had good news for the Alaska State Chamber of Commerce Sept. 14. “Yesterday we transmitted a comprehensive draft proposal” for a gas line contract to the producers, the governor said, and the state expects a response next week. The state has been negotiating fiscal term....

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