Siemens

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.


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.