Today’s Alaska LNG Project Realities
Has Alaska’s Governmental Fairbanks Gas Plan Boomeranged? Is The Competitive Siemens Plan Getting A Fair Hearing?
Today’s Headline: Questioning the direction of the Interior Gas Utility Not many of us are fully aware of all the discussions and developments that have gone on with the Interior Gas Utility. Op-ed by Karl Monetti on behalf of himself and: Liz Grieg, Gerald Goodman, Karl Hough, Mary Ann Nickles, Owen Hanley, Don Callahan, Paolo Greer, Greg Hill, David Weissman, Mike Musick, John Davies, Dave Nebert, Larry Fogleson, Carl Benson, Richard Seifert, Connie Huffman and Frank Gold.
Our Comment: The Siemens concept is a joint venture with Alaska Native corporation, Kniktnu Inc.
By avoiding bonding and using a creative and potentially more efficient LNG production and transportation system it could be more ratepayer friendly. At least, public comparisons should more fully reveal the advantages and disadvantages of each project.
One compelling advantage from our viewpoint is the injection of much more free enterprise efficiency incentive into what, to date, has been a politically manipulated, infeasible government enterprise controlled by temporarily elected and appointed politicians and bureaucrats. To our Fairbanks friends, we say, “follow the money and keep your powder dry!” -dh