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In evaluating BP-Amoco's proposed acquisition of ARCO, Gov. Knowles set the goals of continued competition of Alaska's North Slope Oil fields and a continued corporate commitment to Alaska communities and families. To reach these goals, Gov. Knowles established seven specific conditions: 1) Divestiture of sufficient North Slope production and leases to guarantee another oil company operator in production and exploration; 2) Open access to oil production and transportation facilities; 3) Reduction of the existing tariff of the trans-Alaska oil pipeline so it is not a barrier to a non-owner company from using that line; 4) Access to Alaska's natural gas resources for development; 5) Continued support for Alaska hire and use of Alaska businesses; 6) Protecting the environment including completion of the new Millennium-class of double-hulled tankers; and assessment and continuing clean up of contaminated sites; 7) Continued support for important community and civic causes. |
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