Alaska’s State Gas Corporation to Seek $2.5 Million to Revive Trans-Alaska Pipeline Effort | Pipeline Technology Journal

pipeline-journal.net · September 9, 2026

# Alaska’s State Gas Corporation to Seek $2.5 Million to Revive Trans-Alaska Pipeline Effort | Pipeline Technology Journal

Published: 2026-09-09T13:04:22+00:00 Source: pipeline-journal.net (pipeline-journal.net) Language: en

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# Alaska’s State Gas Corporation to Seek $2.5 Million to Revive Trans-Alaska Pipeline Effort

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Published Sep 09, 2026 - 13:04

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Dalton Highway with Trans-Alaska Oil Pipeline (Bob Wick, BLM Alaska, Public domain, via Wikimedia Commons)

The Alaska Gasline Development Corp. plans to ask state lawmakers for $2.5 million next year as it prepares to renew its push for a proposed trans-Alaska natural gas pipeline in 2027.

Frank Richards, president of the state-owned corporation, announced the funding request last week Thursday during a board of directors meeting.

The funds would support a previously announced program designed to allow local residents to invest directly in the major infrastructure project in which Texas-based developer Glenfarne holds a 75% stake, while AGDC owns the remaining 25%.

“It will be something that we’ll have to go to the legislature next year to be able to say, ‘Here’s the program. If the state is interested, then these are the funds necessary for us to be able to accomplish this work,’” Richards said.

The board meeting marked the first gathering since the Alaska House voted down a compromise tax-cut bill meant to move the project forward.

The defeated legislation aimed to replace the state’s standard petroleum property tax on the pipeline and related facilities with a tax on gas transported through the line.

However, the measure stalled over a Senate-backed provision that would have levied a corporate income tax on certain privately held oil and gas producers, with Gov. Mike Dunleavy and many House members opposing the tax increase on private producers.

Although Dunleavy offered a middle-ground proposal during a special legislative session this summer, lawmakers failed to take up the compromise, leaving the pipeline's fiscal framework in limbo.

Despite the legislative setback, AGDC officials are looking toward political shifts in the capitol to build fresh momentum for the line.

A new governor will take office in December, followed by newly elected legislative majorities taking office in January.

“Next year we’ll have a new administration. Next year we’ll have — certainly — a newly elected legislature, and they’ll be starting again from scratch,” Richards said. “Hopefully, looking at tax relief in some way or form for the project.”

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Alaska News

September 2026