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Fairbanks Approves Credit Line For Interior Gas Utility

The Fairbanks North Star Borough Assembly has approved an up to $7.5 million line of credit for the Interior Gas Utility. The loan fund is for the borough created IGU to begin preliminary work on local gas distribution piping in anticipation of LNG being trucked to town from the North Slope via the state’s Interior Energy Project.

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Dan Bross is a reporter at KUAC in Fairbanks.