The Alaska Gasline Development Corporation (AGDC) is an independent, public corporation of the state of Alaska. AGDC’s roots date back to 2009, when declining Cook Inlet gas supplies raised the possibility of local energy brown outs and higher energy costs. In 2010, the Alaska Legislature passed House Bill 369, creating AGDC.
Milestones include:
- May 2013 – House Bill 4 established AGDC as an independent, public corporation of the State of Alaska. AGDC is structured within the Department of Commerce, Community, and Economic Development for administrative purposes but continues to have a legal existence separate and distinct from the State of Alaska.
- April 2014 – Senate Bill 138 expanded AGDC’s mission and authority to include developing an Alaska liquefied natural gas (LNG) project on the State’s behalf. This legislation also directed AGDC to assist the Department of Revenue and the Department of Natural Resources in maximizing the value of the state’s gas.
- April 17, 2017 – AGDC filed an application, pursuant to Section 3 of the Natural Gas Act, for the proposed Alaska LNG Project.
- May 1, 2017 – FERC issues the Notice of Application for the Project.
- June 28, 2019 – FERC issues the draft Environmental Impact Statement for the Alaska LNG Project.
- March 6, 2020 – FERC published the final Environmental Impact Statement for the Alaska LNG Project.
- May 21, 2020 – FERC issued an authorization to AGDC to construct and operate the Alaska LNG Project.
AGDC’s role is to facilitate the development of infrastructure necessary to move the gas into local and international markets in order to maximize the benefit of Alaska’s vast North Slope natural gas.