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House approves TransCanada buyout

Alaska's natural gas megaproject is moving forward. With a 39-0 vote, the Alaska House approved spending $161.25 million to advance the AKLNG project, which promises to bring natural gas from the North Slope to an export terminal at Cook Inlet.
TransCanada ready for buyout

The state's partner in the AKLNG natural gas project says it's ready to be bought out.
Legislators: Is AGDC ready?

Leaders of the state-owned Alaska Gasline Development Corporation were the subjects of a legislative inquiry on Tuesday as lawmakers consider whether the AGDC is fit to take over from pipeline giant TransCanada in the natural gas megaproject known as AKLNG.Tuesday was the fourth day of a special session devoted to deciding whether the state should buy out TransCanada's share of the $45 billion to $65 billion project in order to be assured of more profit once it begins operating.
State Government
Big Oil given extra time to pledge gas

The state of Alaska is negotiating up to the last minute on proposals that would guarantee major oil producers' participation in the state's liquefied natural gas pipeline, Gov. Bill Walker told reporters Wednesday afternoon.
Alaska's fishing fatalities dropping

The deadliest catch is getting a lot less deadly. Last week, the U.S.
Meet the woman in charge of Alaska's elections

On the third floor of the court plaza building is Josephine Bahnke's boat. For the new head of the Alaska Division of Elections, it's one of the few touches of her Nome home in her office. "This was one of my going-away presents in Nome," she said.
With cuts on horizon, UA needs budget hike just to stay level

The University of Alaska expects to need $27 million more next year from the Alaska Legislature to fund operations. The state's Office of Management and Budget says it should expect $15.8 million less.
UA regents say they failed to hear of HAARP restart

University of Alaska regents reacted with disappointment Thursday as president Jim Johnsen announced that the UA system will loan $2 million to the University of Alaska Fairbanks? Geophysical Institute to restart a defunct Air Force research installation."It's a huge amount of money," said regent Mary Hughes of Anchorage. "I'm concerned that we didn't get a heads-up on this when it was happening."
Juneau museum asks for public's help figuring out who's who

JUNEAU (AP) - They're a who's who of Juneau. We just don't know who they are.
Falling oil prices gouge state budget deeper

On Monday, as the price of West Texas crude oil dipped below $39 per barrel for the first time in six years, state revenue commissioner Randall Hoffbeck told the Alaska House Finance Committee that the decline is exacerbating the state's budget problems.


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