Clarification on the MidAmerican Deal

A recent article stated that the Berkowitz campaign says that the MidAmerican deal looked like a project that was going forward, until the Murkowski administration changed the terms and it fell apart.

In reality the MidAmerican deal fell apart because MidAmerican demanded it be granted the exclusive right for five years to develop the pipeline without any commitment to move forward with the project. This would have stopped negotiations with all other parties proposing projects under the terms of the Stranded Gas Development Act. The state was not willing to accede to MidAmerican’s demands; so MidAmerican withdrew its proposal.

The information provided in this clarification was obtained from an article written by Gianna Trinca, KTUU-TV, Updated 12:00 a.m. ET March 26, 2004