Amid natural gas crunch, an Alaska utility asks to resurrect in-state gas pipeline
Enstar wants to take over the project last estimated to cost $10 billion. But its own chief executive acknowledges that the pipeline isn't viable without multi-billion-dollar subsidies from the state.
For the past several years, Alaska’s elected leaders have largely set aside a proposed natural gas pipeline that would connect the state’s huge North Slope oil fields solely with urban homeowners and electric utilities, dismissing the idea as too expensive.
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