Alaska Pipeline Owners, Users Spar Over Lifespan Estimate

Law360, New York (February 7, 2012, 1:44 PM EST) -- The owners of the Trans-Alaska Pipeline and two of its users filed dueling briefs on Friday before the Federal Energy Regulatory Commission, arguing over whether a recent Alaskan tax valuation of the 800-mile pipeline, including a lifespan estimate, should affect an ongoing battle over rate hikes.

At issue is the expected lifespan of the pipeline, which connects the Alaskan North Slope oil fields with a port on the state's southern coast. Life expectancy is a key component in whether FERC approves rate increases sought by the...
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