Dan Britton

Interior Gas Utility

The Interior Gas Utility board of directors on Tuesday authorized the utility’s general manager to execute contracts or make changes to them to complete construction of a 5.25-million gallon LNG storage tank now under construction in Fairbanks.

IGU, Frank Flavin Photography

The Interior Gas Utility’s board of directors continues to wrestle with a company’s proposal to supply natural gas for Fairbanks, as an alternative to the IGU’s plan to spend $46 million to upgrade an aging LNG plant at Point McKenzie. The board’s been considering the offer by Siemens Government Technologies since company officials first pitched the idea to the IGU in May. But on Tuesday, the board voted to demand answers to their questions about the proposal before they spend any more time on it.


Fairbanks Economic Development Corp.

The Interior Gas Utility has completed its nearly $60 million purchase of Pentex Alaska and its subsidiary, Fairbanks Natural Gas. The IGU board of directors last week approved the purchase, as did the board of the Alaska Industrial Development and Export Authority, or AIDEA, which until last week owned Pentex and its natural-gas liquification plant at Point MacKenzie.

Mat-Su Valley Frontiersman

The Alaska Industrial Development and Export Authority’s board of directors on Thursday approved selling Pentex Alaska Natural Gas Company and its assets, including Fairbanks Natural Gas, to the Interior Gas Utility.


Alaska Department of Natural Resources

Fairbanks Natural Gas is asking state regulators to approve a nearly 7 percent rate hike that would take effective in mid-August. FNG’s request is part of the utility’s plan to expand its gas-distribution system in Fairbanks’ core area.