Alaska Pipeline Bill Dies in Legislature | Anchorage News

A major Alaska natural gas pipeline bill collapsed after lawmakers accused Hilcorp of sabotaging the deal by pressuring developer Glenfarne to back out at the last minute. Despite a last-minute compromise and apparent green light from Glenfarne, the bill stalled at the vote — with the governor calling the accusations “bullst,” but others saying Glenfarne was warned this was the final offer. The core conflict centers on a tax provision that would impact Hilcorp, a key supplier, which allegedly threatened to derail contracts if the bill passed. The Alaska Gasline Development Corporation stayed neutral, claiming it doesn’t pay taxes, while the governor vowed to veto the bill regardless. The episode underscores how powerful energy corporations are shaping state policy — especially as Alaska grapples with financial strain and years of stalled progress. 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/27fc8825993af1ca