Legislature(1997 - 1998)
01/13/1998 10:04 AM House O&G
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* first hearing in first committee of referral
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+ teleconferenced
= bill was previously heard/scheduled
HOUSE SPECIAL COMMITTEE ON OIL AND GAS
January 13, 1998
10:04 a.m.
COMMITTEE CALENDAR
NORTH SLOPE GAS COMMERCIALIZATION TEAM FINAL REPORT:
WILSON CONDON, COMMISSIONER, DEPARTMENT OF REVENUE
JOHN SHIVELY, COMMISSIONER, DEPARTMENT OF NATURAL RESOURCES
TAPE(S)
98-1, SIDE(S) A & B
98-2, SIDE(S) A
CALL TO ORDER
Representative Hodgins, Chairman, convened the House Special
Committee on Oil and Gas meeting at 10:04 a.m.
PRESENT
Committee members present at the call to order were Representatives
Bunde, Hodgins, Kemplen, Ryan and Rokeberg. Representative(s) Ogan
and Brice arrived as the meeting was in progress. Other
legislators present were Representatives Davies and Dyson.
SUMMARY OF INFORMATION
WILSON CONDON, Commissioner, Department of Revenue, gave an
overview of the work to date by the North Slope Gas
Commercialization Team and answered questions about the final
report.
JOHN SHIVELY, Commissioner, Department of Natural Resources,
discussed some of the possibilities regarding taxation and
royalties on the gas.
PEDRO VAN MEURS, Ph.D., Economic Consultant, discussed some of the
variables relating to current market trends and possible
ramifications of the economic decline in the Asian markets.
COMMITTEE ACTION
The committee took no action.
ADJOURNMENT
The meeting adjourned at 11:58 a.m.
NOTE:
The meeting was recorded and handwritten log notes were taken. A
copy of the tape(s) and log notes may be obtained by contacting the
House Records Office at 130 Seward Street, Suite 211, Juneau,
Alaska 99801-1182, (907) 465-2214, and after adjournment of the
second session of the Twentieth Alaska State Legislature, in the
Legislative Reference Library.
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