Alaska Administrative Code
Title 11 - Natural Resources
Part 3 - Oil and Gas
Chapter 26 - Alaska Royalty Oil and Gas Development Advisory Board
Article 2 - Duties of the Board
11 AAC 26.210 - Recommendations and directions to commissioner of natural resources

Universal Citation: 11 AK Admin Code 26.210

Current through August 30, 2024

(a) The board shall obtain updated lists from the Department of Natural Resources of royalty oil and gas that is available for disposal. The board will, in its discretion, recommend to the commissioner of natural resources the conditions relating to the sale, delivery, transportation, refining or processing of oil or gas which he may include in the offer and sale of oil or gas obtained by the state as royalty under AS 38.05.182.

(b) Recommendations and directions to the commissioner of natural resources from the board will be made by resolution.

(c) Recommendations for each sale may include price guidelines, quantity to be sold, instate use requirements, term of sale, and preferential purchasers.

(d) Recommendations for each sale may include procedures for solicitations of bids and applications, qualifications of purchasers, competitive bidding, and contract negotiations.

Authority:AS 38.06.040

AS 38.06.050

AS 38.06.055

AS 38.06.070

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