# Alaska Stat. § 38.05.023: Terms in an agreement or contract related to a North Slope natural gas project

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.023

## Section

- **Citation:** Alaska Stat. § 38.05.023
- **Heading:** Terms in an agreement or contract related to a North Slope natural gas project
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 38 / Chapter 38.05 / Section 38.05.023

## Text

(a) An agreement or contract to which the state or an entity of the state is a party that is negotiated under AS 38.05.020 (b)(11) must include a requirement that the state or an entity of the state shall have access to data developed under the agreement or contract in which the state or an entity of the state has directly participated financially. Access by the state or an entity of the state to the data must be on the same or substantially similar terms applicable to any other party in a North Slope natural gas project.

(b) A proposed agreement or contract associated with a North Slope natural gas project may not include a provision that changes the property tax on property that was previously taxable under AS 43.56 .

(c) A proposed agreement or contract associated with a North Slope natural gas project must provide the means for allocating infrastructure costs between the state and other parties in the project. The allocation must take into consideration the extent to which infrastructure is used by the project and used by the public and the difference between the normal expected or actual life-cycle costs for the infrastructure as used by the project and the expected or actual life-cycle costs of the same infrastructure if subject only to general public use. The proposed agreement or contract may not require the state to pay infrastructure costs that are directly related to the project and not designed for general public use in a proportionate amount that is greater than the state's share of participation in the project.

(d) An agreement or contract to which the state or an entity of the state is a party that is negotiated under AS 38.05.020 (b)(11) must include principles based on commercially reasonable terms for delivering natural gas to public utilities in the state when the demand for natural gas by the utilities exceeds the amount of the state's royalty natural gas and natural gas delivered to the state as payment of tax that is available in a North Slope natural gas project.

## Nearby sections

- [Alaska Stat. § 38.05.005 Division of lands.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.005.md)
- [Alaska Stat. § 38.05.010 Appointment of director.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.010.md)
- [Alaska Stat. § 38.05.015 Director serves at pleasure of commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.015.md)
- [Alaska Stat. § 38.05.020 Authority and duties of the commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.020.md)
- [Alaska Stat. § 38.05.022 Big game guide concession area permit program.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.022.md)
- [Alaska Stat. § 38.05.023 Terms in an agreement or contract related to a North Slope natural gas project.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.023.md)
- [Alaska Stat. § 38.05.025 Continuing regulations, agreements, etc.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.025.md)
- [Alaska Stat. § 38.05.027 Cooperative resource management or development agreements.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.027.md)
- [Alaska Stat. § 38.05.030 Exceptions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.030.md)
- [Alaska Stat. § 38.05.035 Powers and duties of the director.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.035.md)
- [Alaska Stat. § 38.05.036 Audit of royalty and net profit payments and costs.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.036.md)
- [Alaska Stat. § 38.05.037 Zoning regulations in the unorganized borough.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.037.md)
- [Alaska Stat. § 38.05.045 Generally.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.045.md)
- [Alaska Stat. § 38.05.050 Disposal of land for private ownership.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.050.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T38_C38.05_S38.05.023. Check the current official text before relying on it. Not legal advice.