AGDC looks for new sponsor to take over LNG project -- or it will sell off the assets

The Alaska Gasline Development Corporation (AGDC) has led the Alaska LNG Project since late 2016, and now the AGDC board of directors appears ready to sell off the project's assets (its permits, studies, and engineering work) in a formal bidding procedure. Fluor, an engineering and construction...

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Bibliographic Details
Main Author: Persily, Larry
Document Type: Press release
Publisher:Alaska Resources Library and Information Services (ARLIS)
Date:May 13, 2020
Series:Alaska LNG Project updates
Subjects:
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100 1 |a Persily, Larry 
245 1 0 |a AGDC looks for new sponsor to take over LNG project -- or it will sell off the assets 
260 |a Alaska Resources Library and Information Services (ARLIS) 
264 |a 20200513 
300 |a 3 pages 
380 |a Press release 
490 |a Alaska LNG Project updates 
518 |a May 13, 2020 
505 |a English 
500 |a This update is provided to keep the public informed about the Alaska LNG Project. 
520 |a The Alaska Gasline Development Corporation (AGDC) has led the Alaska LNG Project since late 2016, and now the AGDC board of directors appears ready to sell off the project's assets (its permits, studies, and engineering work) in a formal bidding procedure. Fluor, an engineering and construction company, is preparing a cost estimate for the project in order to clarify the economic viability of the project. The board has outlined several underlying assumptions of its strategic plan through 2021 and a timeline for AGDC, a state corporation, to get out as lead sponsor, a move that is being advocated by Governor Dunleavy. Various amounts of money have been spent by the state legislature towards the effort to promote the project. 
610 2 0 |a Alaska LNG Project 
610 2 |a Alaska Gasline Development Corporation (AGDC) 
610 2 0 |a Fluor Corporation 
653 |a Economics 
653 |a Partnership buyouts 
653 |a Public-private partnership 
600 1 0 |a Dunleavy, Mike 
690 |a PF-AKGOV 
690 |a PF-ECON 
856 4 0 |3 Direct link to this update  |u https://www.arlis.org/docs/vol1/AlaskaGas/News/News_Persily-2020_AGDC_LooksForNewSponsor.pdf  |x ARLIS collection 
856 4 2 |3 Website listing all Project updates  |z ARLIS Document Server  |u https://www.arlis.org/docs/vol1/AlaskaGas/News/News_KPB_AK_LNG_ProjectUpdate.html  |x ARLIS collection 
901 |a ARLIS  |c orig 202005 
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