Posted: Friday, January 18, 2013 12:00 am
Message Posted: Jan 18, 2013 11:18:38 AM
FAIRBANKS — The Alaska Gasline Development Corp. plans to ask for $328 million in legislative funding to push forward an all-Alaska “bullet line” this year, money that project planners say could lead to natural gas deliveries by 2020.
Dan Fauske, CEO of the Alaska Housing Finance Corp., which oversees AGDC, outlined plans for the 737-mile pipeline at a Wednesday meeting in Fairbanks. The small-diameter gas pipeline, which would run from the North Slope to the Mat-Su Valley, would cost an estimated $7.7 billion.
Fauske’s message at the meeting was consistent: The Legislature needs to do something to deliver gas to Alaskans. Delaying work on the AGDC pipeline plan, he said, is costing about $200 million a
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