Authority hears from ConocoPhillips

The Alaska Natural Gas Development Authority held its second board meeting July 7, heard a presentation by ConocoPhillips (see story on page 2) on liquefied natural gas, West Coast receiving terminals and the Lower 48 gasline project, and agreed to meet telephonically July 14 to select a chief executive officer for the authority. Board members will also look at proposed bylines and take action on them at its next full meeting. A time for that meeting will be set after the board names a CEO.

The board also heard a work study plan developed by Harold Heinze under a contract with the governor’s office. Heinze told board members that he thought important things for the board to do initially include organizing itself, practicing for bigger decisions and working parallel efforts on long-lead items.

Since the authority has an initial budget of $150,000, Heinze recommended focusing on only the most useful activities in support of a work plan or producer negotiation.