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Alaska LNG pipeline bill fails, governor warns of delays and higher costs

The Alaska House Majority Coalition said it had secured enough votes, but the legislation did not proceed, leaving the 800-mile pipeline project without the needed property tax change.

Reported · Written up by our desk · Energy

A liquefied natural gas pipeline bill in Alaska failed to secure enough votes in the state legislature, triggering a public response from Gov. Mike Dunleavy, who supported the measure. OilPrice reports Dunleavy said the legislature’s decision not to return to Juneau to act on a proposed property tax change would have consequences beyond the current session.

Dunleavy argued Alaska is facing a shortage of affordable, reliable natural gas, and that continued delay increases risk, raises costs, and limits future options. He also warned that inaction has made the issue more urgent over decades.

The proposed Alaska LNG pipeline is described as a key part of the broader LNG project to move North Slope natural gas to south-central Alaska for exports to U.S. allies across the Pacific. The pipeline would span about 800 miles, with gas interconnection points intended to help meet in-state demand.

OilPrice adds that the Alaska LNG project is a joint venture between U.S. energy developer Glenfarne Group and Alaska Gasline Development Corporation, which is owned by the state of Alaska. The article also notes energy companies are positioned to commit to buy-in.

Latest closeNat gas $2.788 ▲0.8%

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