State House Approves Funding to Plan, Construct In-State Natural Gas Pipeline

House Bill 203 streamlines the funding process for the many aspects of the in-state gas pipeline process

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By KTVA CBS 11
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Story Created: Apr 6, 2011 at 11:17 AM AKDT

Story Updated: Apr 6, 2011 at 11:17 AM AKDT

In Juneau, new legislation passed in the Alaska State House to help fund the planning, development and construction of an in-state natural gas pipeline.

House Bill 203 streamlines the funding process for the many aspects of the in-state gas pipeline process, including: eliminating the need for multiple appropriations, allowing better and easier accounting on expenditures and giving more control to the Alaska Gasline Development Corporation over planning and development of the project. Tuesday, House members clearly had their eyes on future energy needs.

“This right here is planning forward and I think it’s key to remind everyone that part of the task that we have given AGDC is to provide a line whether it’s from the North Slope or whether it’s that spurline concept. So, by creating this fund, if AGIA goes or it doesn’t, we're preparing our plan B,” said Rep. Lance Pruitt (Anchorage-R).

“I believe what this bill is about, Mr. Speaker, and I know you share the opinion that it’s really about making certain that all of our possible outcomes to progress toward monetizing Alaska state gas all of our possible options are postured for the greatest probability of success,” said Rep. Mike Hawker (Anchorage-R).

The bill now moves to the Alaska State Senate for consideration.

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