Alaska LNG Deal Hits Tax Roadblock | Anchorage News

Alaska lawmakers are racing to finalize a massive LNG project deal, with a draft compromise bill now on the table—but tensions flare over a corporate income tax the governor calls a “poison pill.” Glenfarne, the developer with most of the project, demands huge tax breaks to secure investor backing. The six-member conference committee is merging conflicting versions under tight deadlines, with a July 16th vote looming. Key battles include whether to tax private oil and gas firms, shifting property tax to volumetric after five years, extending deadlines, and new transparency rules for foreign investors. With the governor threatening a veto and lawmakers split between speed and caution, this deal could make or break Alaska’s energy future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9a6f95914b76c018