Why America May Not See Alaska Natural Gas Soon
The Alaska Gasline Inducement Act (AGIA) was enacted by the State of Alaska in 2007 in an attempt to progress the construction of a natural gas pipeline from the Alaska North Slope to North American markets. The Act conveys monetary inducements from the state to the exclusive licensee in exchange fo...
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ftrepec:oai:RePEc:mes:jeciss:v:43:y:2009:i:3:p:779-794 2024-04-14T08:00:20+00:00 Why America May Not See Alaska Natural Gas Soon Roger Marks http://hdl.handle.net/10.2753/JEI0021-3624430310 unknown http://hdl.handle.net/10.2753/JEI0021-3624430310 article ftrepec 2024-03-19T10:30:33Z The Alaska Gasline Inducement Act (AGIA) was enacted by the State of Alaska in 2007 in an attempt to progress the construction of a natural gas pipeline from the Alaska North Slope to North American markets. The Act conveys monetary inducements from the state to the exclusive licensee in exchange for certain performance requirements. The financing of any pipeline requires the contractual commitment from the shippers (producers) to pay to ship the gas over an extended period of time. However, many of the performance requirements of AGIA are antithetical to the commercial interests of the shippers. A flawed financial analysis of the project by the administration overstated the economic vitality of the project, and hence understated the severity of the commercial issues. Consequently, the prospects for success in getting a pipeline constructed appear doubtful. Article in Journal/Newspaper Alaska North Slope north slope Alaska RePEc (Research Papers in Economics) |
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RePEc (Research Papers in Economics) |
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The Alaska Gasline Inducement Act (AGIA) was enacted by the State of Alaska in 2007 in an attempt to progress the construction of a natural gas pipeline from the Alaska North Slope to North American markets. The Act conveys monetary inducements from the state to the exclusive licensee in exchange for certain performance requirements. The financing of any pipeline requires the contractual commitment from the shippers (producers) to pay to ship the gas over an extended period of time. However, many of the performance requirements of AGIA are antithetical to the commercial interests of the shippers. A flawed financial analysis of the project by the administration overstated the economic vitality of the project, and hence understated the severity of the commercial issues. Consequently, the prospects for success in getting a pipeline constructed appear doubtful. |
format |
Article in Journal/Newspaper |
author |
Roger Marks |
spellingShingle |
Roger Marks Why America May Not See Alaska Natural Gas Soon |
author_facet |
Roger Marks |
author_sort |
Roger Marks |
title |
Why America May Not See Alaska Natural Gas Soon |
title_short |
Why America May Not See Alaska Natural Gas Soon |
title_full |
Why America May Not See Alaska Natural Gas Soon |
title_fullStr |
Why America May Not See Alaska Natural Gas Soon |
title_full_unstemmed |
Why America May Not See Alaska Natural Gas Soon |
title_sort |
why america may not see alaska natural gas soon |
url |
http://hdl.handle.net/10.2753/JEI0021-3624430310 |
genre |
Alaska North Slope north slope Alaska |
genre_facet |
Alaska North Slope north slope Alaska |
op_relation |
http://hdl.handle.net/10.2753/JEI0021-3624430310 |
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1796299803480555520 |