JUNEAU, Alaska—
Limited funding is causing delays for an in-state natural gas pipeline.Dan Fauske, president of the Alaska Gasline Development Corp., says the timeline for the project has probably been pushed back a year, due to limited funding from the Legislature. Lawmakers had previously set aside $200 million for the project but Fauske says they didn't pass legislation this year that would allow AGDC access to that money.
He says AGDC pledged to do "meaningful" work with the $21 million it got in the capital budget but that falls short of what's needed for engineering and design work to take the project to open season.
An open season is a period of courting producers and seeking shipping commitments. AGDC hoped to hold one next year but that has been pushed back.
