ANCHORAGE, Alaska (AP) – Ex-Governor Bill Walker's attempt to work with partners in China to promote a larger LNG project in Alaska has been canceled.
The Alaska Journal of Commerce reports His successor, Governor Mike Dunleavy, is pursuing a different approach.
Joe Dubler is Interim President of the state-sanctioned Alaska Gasline Development Corp., which is working to advance a project to launch North Slope Gas.
According to Dubler, the company has not entered into any non-binding agreement with three Chinese companies for the purchase of up to 75% of the project's LNG in return for the same portion of the required funding.
An agreement no longer exists as the Dunleavy administration disagrees with the associated risk to the state.