ConocoPhillips seeks gas pipeline meeting

Posted: Sunday, January 27, 2008

ANCHORAGE - ConocoPhillips is challenging Gov. Sarah Palin to set up a meeting with her administration and lawmakers over the company's rejected gas pipeline bid.

A letter signed by Conoco's Alaska president Jim Bowles said Conoco has drafted a plan for dealing with a key sticking point - how the state should tax the gas that would go into the multibillion dollar pipeline.

The Palin administration named TransCanada Corp. as the only company eligible for an exclusive state license and a $500 million subsidy toward developing the project.

But Joe Balash, Palin's oil and gas adviser, said officials have not ruled out a meeting to look at Conoco's gas tax proposal.

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