oil and gas

The state Department of Natural Resources wrote the company a stern letter last month, giving BlueCrest 30 days to prove it could fund more development, or risk losing access to the unit.

Southcentral Alaska is facing a natural gas shortage. Demand from the state’s most populated region could outpace supply as soon as this winter.

The onsite joint command says it’s gone several days without seeing any sheen in the area.

State officials say they still cannot trace the sheen to the nearby oil platform.

On today’s episode of the Kenai Conversation, we’re checking in on the status of legislative tax breaks for the Alaska LNG Project and where the project stands now. Up first, we’re joined by Adam Prestidge, president of Alaska LNG for developer Glenfarne.

“This has been billed as the bill that either makes a pipeline be built or does not make a pipeline be built, and that just really is not true,” said Soldotna Republican Rep. Justin Ruffridge.

On today’s episode of the Kenai Conversation, we’re joined by Republican State Sen. Jesse Bjorkman to talk about the Alaska Legislature’s ongoing special session and the Alaska LNG Project tax break driving debate.

The event came as state senators 600 miles away considered a high-stakes tax cut for the project the developer says is crucial to making it economical.

In attendance were representatives of would-be gas buyer Donlin Gold, a Greek shipping company called Danaos and Korean steel supplier POSCO.

Dunleavy spoke with KDLL one-on-one the day the legislation was introduced.