- Associated Press - Friday, September 12, 2014

JUNEAU, Alaska (AP) — Independent gubernatorial candidate Bill Walker says the structure for a major Alaska gas project is “fatally flawed.”

Walker said Alaska isn’t in the “driver’s seat,” and is letting companies with projects around the world determine if this one advances.

Walker, who is challenging Republican Gov. Sean Parnell, said he would want to look at what’s been done so far and if it makes sense for the state to pull out, it will.

Alaska is pursuing the mega-project with Exxon Mobil Corp., BP, ConocoPhillips, TransCanada Corp. and the Alaska Gasline Development Corp., or AGDC. Parties have the opportunity to get out if they want.

The plan envisions TransCanada owning at least part of Alaska’s interest in the pipeline and gas treatment plant and AGDC holding its interest in liquefaction facilities.

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