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TransCanada Stranded Gas Application Received
June 2, 2004 (Juneau) - The State of Alaska has received a Stranded Gas Development
Act application from TransCanada to begin negotiations on fiscal and
other terms related to construction of a natural gas pipeline from the
North Slope. The application has been expected since mid-April, when
TransCanada and the state entered into a memorandum of understanding
under which the company said it would apply, and in exchange, the state
would resume processing of a state right-of-way lease for the project. More News >

Governor Welcomes Federal Decision in Area M
June 2, 2004 (Juneau) - Governor Frank H. Murkowski today welcomed the Department of
the Interior's recent decision not to exercise extraterritorial
jurisdiction in the Alaska Peninsula/ Aleutian Islands commercial salmon
fisheries, known as the Area M June fishery. More News >

International Exports Show Phenomenal Growth
May 28, 2004 (Juneau) - In the first three months of 2004, sales of Alaska products
to the rest of the world grew by 23% or $147 million more than the same
period last year. This is "phenomenal growth," according to Governor
Frank H. Murkowski, and "well above the excellent year-end results of
2003, when exports climbed 9% over 2002 figures to finish the year at
$2.7 billion." More News >

DOR, Investment Bankers Meet on Gas Pipleline
May 25, 2004 (Juneau) - Throughout last week the Department of Revenue held opening
discussions with investment banking firms regarding the Alaska gas
pipeline project. The gas pipeline will lend further economic stability
and growth to the Alaskan economy. More News >

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