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AK SB240
Bill
AI Summary
- Legislature approves and ratifies the Agreement for the Sale of Royalty Oil between the State of Alaska, Marathon Petroleum Supply and Trading LLC, and Marathon Petroleum Corporation
- Sale covers Alaska North Slope royalty oil as detailed in the "Final Best Interest Finding and Determination" dated March 18, 2022
- Approval is made in accordance with AS 38.06.055
- Act takes effect immediately upon passage
Legislative Description
Approve Marathon Petro Royalty Oil Sale
Oil & Gas
Last Action
EFFECTIVE DATE(S) OF LAW 4/20/22
4/20/2022
Committee Referrals
Finance4/13/2022
Resources3/25/2022
Full Bill Text
No bill text available