Alaska Department of Natural Resources.

AuthorAnderson, Tasha
PositionInside Alaska Business - Brief article

The Department of Natural Resources published a final best interest finding and determination to sell up to twenty-five thousand barrels per day of the state's North Slope royalty oil in-kind to Tesoro Refining & Marketing Co. under a five-year contract. The proposed sale of state royalty oil supports in-state refining and provides more economic value to the state than if it took those volumes of oil in value. DNR estimates...

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