ALASKA'S NEWSPAPER

| Updated: 3:48 PM

2 legislators announce compromise on in-state gas line

JUNEAU -- Two lawmakers announced a compromise on legislation aimed at speeding development of a natural gas pipeline from the North Slope to the Interior and Southcentral to serve Alaskans.

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Separate bills pushed this session by House Speaker Mike Chenault and Sen. Lesil McGuire shared that goal -- but took different approaches to accomplishing it.

High points of the compromise, announced Friday, included key elements Chenault wanted, like having the chief executive of the Alaska Housing Finance Corp. lead an in-state development team charged with getting a project plan to lawmakers by July 2011.

It would move the team from the governor's office, as Chenault proposed, and under the housing finance agency. McGuire considered that key to removing any elements of politics from pipeline decisions.

Committees had yet to consider or approve language marrying the bills.

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