The Alaska Gasline Inducement Act (AGIA)
The Alaska Gasline Inducement Act (AGIA) was passed into law by the State of Alaska in May 2007. Its purpose is to expedite the construction of a pipeline to transport Alaskan natural gas resources to market. AGIA offers incentives to gas producers and pipeline companies in exchange for specific commitments that will provide significant benefit to the state. After a competitive bid process and a thorough public and legislative review, TransCanada was selected by the state in August 2008 as the exclusive recipient of the AGIA license. The license was formally signed and issued to TransCanada on December 5, 2008. In June 2009, ExxonMobil joined efforts with TransCanada to advance the AGIA-licensed project. For further details on the alignment agreement between TransCanada and ExxonMobil, view the Alignment Summary [.pdf].
For more information about AGIA and the latest progress report on the Alaska Pipeline Project, visit the State of Alaska's AGIA website.