Developer: Fairbanks spur is a committed eligibility condition; optimized spur could cost under $150 million
AGDC and developer Glenfarn told the committee their work includes a Fairbanks spur as part of the project's eligibility conditions and that an optimized, smaller‑diameter spur using existing utility corridors could reduce cost estimates—developer representatives said one estimate presented internally was "less than a $150,000,000."
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AGDC and Glenfarn representatives told the committee that the Fairbanks spur line is a key eligibility commitment for tax treatment and that developers have studied multiple alignments and optimization opportunities. "One of the ways... to make this project the best for Alaskan communities is to include the Fairbanks spur line," Matt Kissinger said, tracing the spur's origin to prior ASAP work and subsequent Alaska LNG studies.
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