It's been a hectic week for those following the Interior Energy Project. Attorney General Craig Richards on Monday denied the pending sale of a gas plant in Port Mackenzie that would be the most likely processing point for Interior-bound gas.
Alaska Attorney General Craig Richards has rejected the proposed purchase by Harvest Alaska of a small liquefied natural gas plant at Port MacKenzie.
Alaska's explorer and small producer tax credit program has been capped for this year but the program is still on the books and applications for credits are still being accepted, state Revenue Commissioner Randy Hoffbeck said.
The City of Seward hopes to break ground on its new harbor and breakwater in October, provided it can get a contractor in time.
The Alaska Industrial Development and Export Authority has given approval for a $30-million financing package that will allow BlueCrest Energy to begin drilling and development at its Cosmopolitan offshore oil project in Cook Inlet.
A bill offering a tax credit to producers of ammonia and urea was passed by the State House of Representatives on April 13. It was referred to the Senate Resources Committee but has not been heard as of the committee's most recent meeting on April 16.
While the state's planned purchase of Fairbanks Natural Gas parent company Pentex may play a large part in the solution for natural gas delivery to Fairbanks, for the moment it mostly raises questions.
JUNEAU - The Alaska Arctic Policy Commission has recommended the state take several steps to enhance Arctic communities, but finding the money for the improvements could be a challenge.
JUNEAU, Alaska - Gov. Bill Walker this past week said he wasn't sure the state could continue to afford a film tax credit program, given Alaska's budget situation. But that program is just one in a myriad of tax breaks the state provides. Rep.
How little can the state afford to spend? Gov. Bill Walker halted immediate spending on six of the state's notable pending mega-projects Dec. 27, part of an effort to scrutinize all expenditures and minimize the fiscal year 2016 budget deficit.
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