House version of HB 16 passes Senate - April 20, 2003

Providing coverage of Alaska and northern Canada's oil and gas industryApril 2003

Vol. 8, No. 16

Week of April 20, 2003

House version of HB 16 passes Senate

Kristen Nelson, Petroleum News editor-in-chief

Petroleum News incorrectly reported April 13 that the Senate Resources substitute for House Bill 16, amendments to the Alaska Stranded Gas Development Act, was approved by the Senate.

The Senate approved the House Finance Committee substitute for HB 16. Senate Resources approved a version of the bill April 2 which restricted projects to those for North Slope gas. The Senate approved the same version of the bill approved by the House, which does not limit projects under the act to North Slope gas.

The Senate vote, April 4, was unanimous; House approval, March 26, was also unanimous.

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