Lawmakers peppered Cruz and other members of the corporation’s executive board with questions about project finances, employee turnover and how much money the state expects to make on its share of the project.
The governor said he’s not likely to ask the legislature for more money for the project once current funding dries up.
Gov. Bill Walker and the Alaska Gasline Development Corporation say there is global interest in Alaska’s gas, some lawmakers are skeptical.
The Alaska Standalone Pipeline project would bring gas from the North Slope to communities in Alaska.
If the Senate’s cut stands the Alaska Gasline Development Corporation will be tackling the $45 billion project with only $45 million in the bank.
Community members weigh options as Alaska LNG project presses forward.
Some lawmakers say gasline corporation should use capital funds, not operating budget money.
After Trump was elected, Alaska Gov. Bill Walker sent the new president an infrastructure wishlist from the state. At the top of that list is the state-led $45 billion gasline project. But Alaska’s LNG project faces significant hurdles
Lawmakers quizzed AGDC president Keith Meyer over the costs of the corporation’s satellite offices in Houston and Tokyo and a $50,000 sponsorship of the Iditarod, among other budget items during a committee meeting.
Alaska Gasline Development Corporation has opened new office but not yet announced it.