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2410, 2017

10-24-17 Alaska Gasline Development Corporation Rests Hopes On “Letters of Intent”

By |October 24th, 2017|Categories: AGDC, Alaska's Fiscal Crisis, Alaskanomics, Commentary, LNG|0 Comments

Alaska Gasline Development Corporation (AGDC) Hopes Rest On "Letters of Intent" We would offer a comment that "LOIs" -- especially those with long terms and huge uncertainties and many conditions -- are not very useful.  They are not relatively straight forward gas sales contracts with take-or-pay or ship-or-pay provisions.  LOIs can be called, "binding", but an "agreement to maybe [...]

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