Wagoner urges Cook Inlet comparison

Responding to the Alaska Gasline Development Corp. plan for an in-state gas line from the North Slope to Southcentral Alaska, Sen. Tom Wagoner (R-Kenai) July 5 praised the work done by AGDC, but said it is important to avoid negative impacts on the Cook Inlet gas industry if an in-state gas line is developed. A complete assessment of the Cook Inlet should be conducted for comparison with any proposed in-state gas line, he said.

Wagoner pointed out that the Alaska Legislature has passed new tax incentives for Cook Inlet exploration, the state has just seen its best Cook Inlet lease sale since 1983, two jack-up rigs are vying to be the first to reach the Inlet for new offshore drilling and Buccaneer Energy has just seen success with an onshore exploration well.

Editor’s note: See related story on page 4 of this issue.

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