AK HB390

Authorizes the Alaska Energy Authority to enter into offtake agreements for purchasing gas produced from the Cook Inlet sedimentary basin before project completion.

Authorizes the Alaska Energy Authority to enter into power purchase agreements with power-producing entities.

Authorizes the Alaska Industrial Development and Export Authority to enter into offtake agreements for purchasing gas produced from the Cook Inlet sedimentary basin before project completion.

Authorizes the Alaska Industrial Development and Export Authority to enter into power purchase agreements with power-producing entities.

Takes effect immediately upon enactment under Alaska Statute 01.10.070(c).