Pipeline would serve North American markets
JUNEAU, Alaska – President Barack Obama has proposed cutting the funding for the federal coordinator’s office for Alaska gas line projects.
Federal coordinator Larry Persily says it’s not just a matter of money but also of the office’s authority. The office was created as part of a 2004 law focused on an Alaska gas pipeline project that would serve North American markets. The project has shifted since the law’s passage.
The state currently is weighing whether to pursue an equity stake in a liquefied natural gas project that would be capable of overseas exports.
U.S. Sen. Mark Begich, in a speech to state lawmakers Monday, said he was working to extend the benefits of the office to any Alaska gas project.
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