BARROW — The North Slope Borough will ask voters Tuesday to approve $35 million in general obligation bonds to finance capital projects, specifically to re-drill the Barrow gas fields.
KBRW reports issues have resurfaced recently about the ability to deliver enough gas to Barrow.
North Slope Borough Director of Administrational Finance Randy Hoffbeck says this isn’t an issue of having enough gas. It’s an issue of the capacity of the wells.
Hoffbeck says re-drilling a series of wells will ensure there is deliverability to Barrow for the next 20 to 40 years.
Hoffbeck says if the bonds are approved, they would have time to line up contractors and start a full drilling program next winter.
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