Subscribe / Renew |
|
Contact Us |
|
► Subscribe to our Free Weekly Newsletter |
home | Welcome, sign in or click here to subscribe. | login |
August 26, 2015
JUNEAU, Alaska — Gov. Bill Walker said Monday that he plans to recommend to legislators that the state buy out TransCanada Corp.'s position in the major liquefied natural gas project that Alaska is pursuing.
Under an agreement that predates Walker's administration, TransCanada, a Canadian pipeline company, would hold the state's interest in the pipeline and gas treatment plant, with the state having an option to buy back part of that interest. During the legislative debate on the issue in 2014, it was cast as a way for the state to not have to bear as much in upfront costs as it would without that partnership.
. . .