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Parnell urges companies to coalesce behind pipeline, signals willingness to seek fiscal terms
JUNEAU, Alaska (AP) ' Alaska Gov. Sean Parnell says that if demand for natural gas has shifted from the Lower 48 to the Pacific Rim, the state must be willing to move with that.
Parnell told an oil and gas industry group that he wants the major North Slope players to coalesce behind a gas pipeline project that would allow liquefied natural gas to be shipped overseas. He wants them to do this under the framework of the Alaska Gasline Inducement Act. If they do, he says the state can be flexible, including talking tax and royalty terms.
Parnell says the current proposal that would provide gas to North American markets appears stalled.
TransCanada Corp., which is pushing the project, has cited lack of fiscal certainty as one reason for the stalemate.