ANCHORAGE, Alaska (AP) – An attempt by former Prime Minister Bill Walker to work with partners in China to promote a large liquefied natural gas project in Alaska has been discontinued.
The Alaska Journal of Commerce reports his successor, Governor Mike Dunleavy, is taking a different approach.
Joe Dubler is the interim president of the state-sanctioned Alaska Gasline Development Corp., which has worked to promote a project that would bring North Slope gas to market.
He states that the company did not renew a non-binding agreement with three Chinese companies to purchase up to 75% of the project's liquefied natural gas in exchange for an equal share of the necessary funding.
Dubler says the project envisaged by that agreement no longer exists because the Dunleavy administration is not comfortable with the associated risk to the state.