Governor Parnell Signs In-State Gasline Legislation
April 26, 2010, Fairbanks, Alaska - Governor Sean Parnell today signed in-state gasline legislation at the Pipeline Training Center in Fairbanks. HB 369, sponsored by House Speaker Mike Chenault, creates the Joint In-State Gasline Development Team and establishes an in-state gasline project coordinator in statute.
"This is a significant step toward bringing Alaska's gas to Alaskans and markets beyond," Governor Parnell said. "Our existing in-state gas pipeline team has worked aggressively on identifying the costs and the regulatory challenges for the bullet line option that would supply natural gas to the Railbelt for in-state use. Their research provides a solid foundation for the Joint In-State Gasline Development Team to build on."
HB 369 directs the Alaska Housing Finance Corporation to oversee the in-state gasline project plan established in the bill and also sets up an advisory council.
The team's In-State Gas Pipeline Plan is to be submitted to the Legislature by July 2011, providing comprehensive information for informed decision-making on approaches to providing affordable energy for Alaskans.
In addition to Speaker Chenault, Senator Lesil McGuire and Representative Jay Ramras were instrumental in moving forward with in-state gasline legislation.