Alaska's Challenge of Cash & Energy Shortage: FOLLOW UP NEWS AND REPORTS
See our earlier reports: New IEP Announcement; Series: Part I, Part II and Part III
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Useful Links, Interior Energy Project (IEP):
- 2-20-15. Commentary, AIDEA questions asked and answered and Harvest Alaska's letter.
- 2-2-15. Spectrum LNG letter to Governor Bill Walker
- 2-2-15. Ray Latchem email to NGP
- 2-2-15 KTOO on IEP
- 1-28-15. ADN on IEP
- 1-28-15. AIDEA's IEP News Announcement
- 1-8-15. AJC On Old IEP Failure
- 10-25-14. News Miner, IEP Permitting Complete
- 9-19-14. AIDEA-MWH Sign Agreement
- 7-3-14. MWH Announcement
- 1-1-14. ABM on Flint Hills Closing
- RCA's Docket Link re: FNG, Harvest Alaska
- RCA's Order Re: FNG's TA
- FNG's 11-21-14 RCA TA Filing
2-5-15. Fairbanks News Miner: Senate Special Committee on Energy hearing today on Alaska Industrial Development and Export Authority purchase of Fairbanks gas company.
- 2-2-15 KTOO by By Dan Bross, KUAC – Fairbanks and Alexandra Gutierrez, APRN – Anchorage.
Governor Bill Walker’s latest move to advance the state backed Interior Energy Project with the purchase of a private natural gas utility is expected to expand availability and lower the price of gas in Fairbanks.
The Alaska Industrial Development and Export Authority has signed a letter of intent to purchase Fairbanks Natural Gas parent company Pentex. AIDEA spokesman Karsten Rodvik says the state corporation would pay $52.5 million for Pentex company assets currently used to supply about a thousand Fairbanks area customers with Cook Inlet gas.
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1-8-15, Alaska Journal of Commerce by Elwood Brehmer.
After a year-and-a-half of work, time has run out on the Interior Energy Project — at least for now.
MHW Global Inc., the Alaska Industrial Development and Export Authority’s partner in the plan to truck North Slope-sourced liquefied natural gas to the Fairbanks area, withdrew its request for an extension to its contract on the project in a Dec. 30 letter.
The working contract, known as the concession agreement, expired Dec 31. The AIDEA board of directors discussed the option to extend the agreement up to 90 days in an executive session at its Dec. 16 meeting but did not take any action on the matter.
AIDEA spokesman Karsten Rodvik said the authority formally terminated its agreement with MWH Jan. 5.
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