Alaska Legislative Budget and Audit Committee

Day

June 20, 2013

24th Legislature: 2nd Session, 2nd Special Session, and Interim: June 14, 2006

LB&A Committee Meeting
Alaska Natural Gas Pipeline

June 14, 2006

Full Minutes (Audio)

10:00 AM Committee Meeting on Stranded Gas Development Act

Barry Pulliam, Econ One Research, Inc.
Introduction
Barry Pulliam, Econ One Research, Inc.,
Returns to State and Producers (Presentation)
Dr. Anthony Finizza, Econ One Research, Inc.,
What Natural Gas Prices Should Be Used? (Presentation)

Break for Lunch

1:00 PM

Dr. Anthony Finizza, Econ One Research, Inc.,
Risk Analysis of Alaska Gasline Project (Presentation)
Dr. Anthony Finizza, Econ One Research, Inc.,
Investment Performance Metrics and Decision-Making: How Do Oil and Gas Companies Make Investment Decisions? (Presentation)
Dr. Anthony Finizza, Econ One Research, Inc.,
Alaska Project Rank with Other Investment Opportunities (Presentation)
Dr. Jeffrey Leitzinger, Econ One Research, Inc.,
Economic Relevance of Transportation Costs (Presentation)

24th Legislature: 2nd Session, 2nd Special Session, and Interim : May 21, 2006

LB&A Committee Work Session
Alaska Natural Gas Pipeline

May 21, 2006

May 21
Full Minutes (Text/PDF)
Full Minutes (Audio)

6:15 PM Informal Work Session on Stranded Gas Development Act
Rick Harper, Econ One Research, Inc
James Barnes, Barnes & Casci, LLP (Presentation)
Don Shepler, Greenberg Traurig, LLP (Presentation)
James Eason, James E. Eason, Consulting

23rd Legislature Interim Hearings: September 2004

LB&A Committee Agenda – Senate Resources Committee
Hearing on Gas Pipeline Costs and Tariffs, Alaska Natural Gas Pipeline

September 1-2, 2004

On September 1 and 2, 2004, the Legislative Budget & Audit Committee and Senate Resources Committee will conduct a joint hearing on Alaska natural gas pipeline issues. The hearing will be held in Anchorage at the Legislative Information Offices, 716 West Fourth Avenue, in the second floor conference room. The schedule for the hearing is set forth below.

September 1 Full Minutes

10:00 Financing An Ownership Interest in a Gas Pipeline: Options Available to the State
Jeff Brown, Managing Director, Merrill Lynch
Minutes
Presentation 1

10:45 State Bonding to Build Pipelines and Buy Pipeline Capacity – The Wyoming Experience
Bryan Hassler, Executive Director, Wyoming Natural Gas Pipeline Authority (WPA)
Geoff Urbina, George K. Baum and Company
Minutes
Presentation 1

11:15 The Advantages and Disadvantages of State Ownership of an Interest in the Pipeline
Martin Massey, Joint Interest Manager for U.S. Operations, ExxonMobil Production, on behalf of BP, ConocoPhillips, and ExxonMobil
Minutes
Presentation 1

11:35 Gas Marketing and Composition, Extraction, and Sale or Valuation of Gas Liquids
Richard Guerrant, Vice President for Americas, ExxonMobil Gas & Power;
Martin Massey, Joint Interest Manager for U.S. Operations, ExxonMobil Production, on behalf of BP, ConocoPhillips, and ExxonMobil
Minutes
Presentation 1

12:15 Lunch

1:30 The Lower 48 Market for Alaska Natural Gas
John Carruthers, Vice President, Upstream Development, Enbridge Pipelines, Inc.
Minutes
Presentation 1

2:00 Alaska Gas Pipeline – A Window of Opportunity?
Tony Palmer, Vice President, Alaska Business Development, TransCanada
Minutes
Presentation 1

2:30 Estimates of Future Gas Prices
Edward M. Kelly, Vice President, North American Gas & Power, Wood Mackenzie
Minutes
Presentation 1

3:30 Break

3:45 Sales of State Royalty Gas – The Texas Experience
Richard Bone, Director, State Energy Marketing Program, Texas General Land Office
Minutes
Presentation 1

4:15 Sales of State Royalty – The Alaska Experience
Kevin Banks, Petroleum Market Analyst, Dept. of Natural Resources
Minutes
Presentation 1

September 2 Full Minutes

9:00 Natural Gas Liquids, In-State Natural Gas Processing, and Petrochemical Facilities
Lesa Adair, Vice President, Muse Stancil
Minutes
Presentation 1

9:45 In-State Off-Take Points and Spurline: Cost and Design
Harold Heinze, Chief Executive Officer, Alaska Natural Gas Development Authority
Minutes
Presentation 1

10:30 Break

10:45 Negotiation of State and Municipal Property Taxes Under the Stranded Gas Act
Larry Persily, Special Assistant to the Commissioner, Dept. of Revenue
Steven Thompson, Mayor, City of Fairbanks, and presenter for the Municipal Advisory Group (MAG)
Minutes
Presentation 1
Presentation 2
Presentation 3
Presentation 4

11:30 Social and Economic Impacts of a Highway Route Gas Pipeline
Brian Rogers, Information Insights
Minutes

12:00 Lunch (provided)

1:00 Panel Discussion on the Regulation of Gas Pipelines, Gathering Lines, and Processing Facilities
The Federal Energy Regulatory Commission’s Regulation of the U.S. Segment(s) of an Alaska Natural Gas Pipeline
Robert Cupina, Deputy Director, Office of Energy Projects, Federal Energy Regulatory Commission (FERC);
John Katz, Assistant General Counsel for Energy Projects, Federal Energy Regulatory Commission (FERC)
Minutes
Presentation 1

The National Energy Board’s Regulation of the Canadian Segment(s) of an Alaska Natural Gas Pipeline
Margery Fowke, NEB
Minutes
Presentation 2

RCA’s Memorandum of Understanding with FERC on the Regulation of an Interstate Gas Pipeline and its Role in the Regulation of Rates for In-State Gas Processing and Gas Gathering Lines
Dave Harbour, Commissioner, Chair, Regulatory Commission of Alaska (RCA), Dept. of Commerce, Community, & Economic Development;
Margery Fowke, National Energy Board (NEB) – Canada;
John Katz, Federal Energy Regulatory Commission (FERC);
Robert Cupina, Deputy Director, Office of Energy Projects, Federal Energy Regulatory Commission (FERC)
Minutes
Presentation 3

2:15 Panel Discussion on the Regulation of Physical and Economic Waste
Daniel Seamount, Commissioner, Alaska Oil & Gas Conservation Commission (AOGCC)
Mark Myers, Director, Division of Oil & Gas, Dept. of Natural Resources
Minutes
Presentation 1

2:45 Roundtable Discussion Among Legislators
Minutes

23rd Legislature Interim Hearings: July 2004

LB&A Committee Agenda – Senate Resources Committee
Hearing on Gas Pipeline Costs and Tariffs, Alaska Natural Gas Pipeline

July 28-29, 2004

The Legislative Budget & Audit Committee and Senate Resources Committee will conduct three joint hearings this summer on Alaska natural gas pipeline issues. All hearings will be held in Anchorage at the Legislative Information Offices, 716 West Fourth Avenue, in the second floor conference room. The schedule for the second hearing is set forth below.

Second Hearing: July 28-29, 2004
Access to Original and Expansion Capacity

July 28 Full Minutes

10:00 In Need of Access: Alaska’s Known and Potential Gas Resources
David Houseknecht, Research Geologist, U.S. Geological Survey
Mark Myers, Director, Division of Oil and Gas, Dept. of Natural Resources
Minutes

10:45 Original and Expansion Capacity: What Volumes, When, on What Terms, and at What Price?
Pete Frost, Director of Regulatory Affairs, Gas & Power Marketing Group, ConocoPhillips, on behalf of producers BP, ConocoPhillips, and ExxonMobil
Minutes

11:30 Access to Capacity for Producers and Explorers Without an Ownership Interest in or Effective Control of the Pipeline
Mark Hanley, Manager, Public Affairs for Alaska, Anadarko
Minutes

12:15 Lunch (provided)

1:15 Access to Capacity for Alaskan Communities
Charlie Cole, Board of Directors, Alaska Gasline Port Authority
Minutes

1:45 State Revenue Issues of Gasline Expansion
Larry Persily, Special Assistant to the Commissioner, Dept. of Revenue
Minutes
Presentation 1

2:15 Access to Capacity for Alaskan Utilities
Anthony Izzo, President, ENSTAR Natural Gas Company
Minutes
Presentation 1

2:45 Access Under Current Law vs. Access Under Proposed Changes to Federal Law
Robert “Bob” Loeffler, Senior Partner, Morrison & Foerster, for Dept. of Law
Minutes
Presentation 1

3:15 Break

3:30 Volumes, Timing, Terms, and Price of Access With 36”, 48”, and 52” Pipelines
Minutes

4:15 The Array of State Tools for Improving Access
Marty Rutherford, Deputy Commissioner, Alaska Dept. of Natural Resources
Minutes

July 29 Full Minutes

8:30 Access to Capacity for In-State Manufacturing
William “Bill” Boycott, Kenai Nitrogen Operations General Manager, Agrium
Minutes
Presentation 1
Presentation 2

9:15 Decision-Making on Expansion
Tony Palmer, Vice President, Alaska Business Development, TransCanada
Minutes
Presentation 1
Presentation 2

10:00 Access to Pipeline Not Subject to FERC Regulation
Harold Heinze, Chief Executive Officer, Alaska Natural Gas Development Authority (ANGDA)
Minutes
Presentation 1
Presentation 2
Presentation 3

10:30 Break

11:25 Roundtable Discussion Among Legislators
Minutes