KBTX | Bryan & College Station, TX | Aggieland News

Alaska Gov. Backs License For Natural Gas Pipeline

By: Associated Press
By: Associated Press

JUNEAU, Alaska (AP) - Alaska's governor is recommending state
lawmakers approve a proposal from TransCanada Corp. to build a
natural gas pipeline from Alaska's North Slope to a hub in Alberta,
Gov. Sarah Palin, along with the state's natural resources and
revenue commissioners, said Thursday the Calgary-based company's
plan merits issuance of a license under Palin's Alaska Gasline
Inducement Act, as well as a $500 million cash inducement from the
They said the multibillion dollar project stood far above a
proposal from oil giants BP PLC and Houston-based ConocoPhillips
because it was binding and enforceable.
Lawmakers have 60 days to review the license proposal. A special
session begins June 3 in Juneau.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 19182149 - kbtx.com/a?a=19182149