A trio of Alaska state senators recently introduced legislation that would extend a corporate income tax break to the operator of a natural gas-to-liquids (GTL) plant, should one be built, to liquefy North Slope gas production for shipment to Lower 48 and/or overseas markets. GTLs could be shipped on the Trans-Alaska Pipeline in combination with crude or separately. The bill (SB 109) recently had its first reading in the senate’s Resources Committee. Sen. Lesil McGuire (R-Anchorage) introduced the legislation; Sens. Tom Wagoner (R-Kenai) and Bill Wielechowski (D-Anchorage) are co-sponsors.

©Copyright 2011Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.