1-25-14 Parnell Introduces Gasline Legislation

ADN.  Gov. Sean Parnell on Friday introduced legislation to move ahead on his proposal to make the state a financial partner with Alaska's oil producers and pipeline company TransCanada in a liquefied natural gas project. The state already has signed commercial agreements with the industry players, and Senate Bill 138 aims to put that framework into law. The 49-page measure calls for a new subsidiary of the public Alaska Gasline Development Corporation to own shares in an LNG plant and marine terminal proposed for Nikiski where the liquefied gas would [...]