Interior Gas Utility

Robyne/KUAC

Bryce Ward was elected mayor of the Fairbanks North Star Borough Tuesday. The former North Pole mayor cruised to victory over three opponents by winning more than half of the votes cast for the mayoral candidates, according to unofficial vote totals.


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.


IGU Hears Gas Proposal

Aug 22, 2018
Interior Gas Utility

Siemens and Knikatnu Village Corporation have outlined a proposal to sell Liquefied Natural Gas to the Fairbanks North Star Borough’s Interior Gas Utility. The proposal to deliver gas by 2020 was heard last night by the IGU board, but as KUAC’s Robyne reports, the cost of gas to homeowners remains unclear.

Tim Ellis/KUAC

The Interior Gas Utility's board of directors reluctantly accepted the resignation of Frank Abegg Tuesday. But several people who turned out for the board meeting told members they’re concerned about the fiscal issues Abegg raised in his four-page resignation letter. And an official with the Alaska Industrial Development and Export Authority denied his accusations that the agency put the IGU in a financially precarious situation.


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.

Tim Ellis/KUAC

An affiliate of the Germany-based industrial giant Siemens is offering to build an LNG plant near Wasilla and transport the gas it processes there to Fairbanks at no cost to the Interior Gas Utility – if the IGU board of directors agrees to a long-term LNG-sales contract. Officials with Siemens Government Technologies outlined the proposal to the IGU board during a special meeting Tuesday.


Pentex Natural Gas Co.

Updated: The Interior Gas Utility board of directors this morning unanimously approved an agreement to further explore an offer by a Cook Inlet natural gas-supplier. IGU’s top executive says the company has proposed to provide gas to the utility at a better price with a longer-term contract than the present arrangement with Anchorage-based Hilcorp. But that’s about all the utility’s officials would say about the proposal.


APRN file photo

The Interior Gas Utility board of directors agreed Tuesday to review a proposal to develop an another source of natural gas for its Fairbanks-area customers, in addition to its existing arrangement to bring Cook Inlet gas into the Interior.

Interior Gas Utility

In its first regular meeting of the new year, the Interior Gas Utility board of directors approved a budget Tuesday to finance operations for the remainder of the fiscal year, swore-in a new member and elected a new chairperson and slate of officers.


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