Contract: A legal written agreement that becomes binding when signed.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
director: means the director of the division of lands of the Department of Natural Resources. See Alaska Statutes 38.05.965
Executive session: A portion of the Senate's daily session in which it considers executive business.
land: means all land, including shoreland, tideland , and submerged land, or resources belonging to or acquired by the state. See Alaska Statutes 38.05.965
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
North Slope natural gas project: means a project to produce or transport natural gas from state oil and gas and gas only leases that include land north of 68 degrees North latitude for transport in a gaseous state from the North Slope. See Alaska Statutes 38.05.965
project services: means services provided by a gas treatment plant, pipeline, liquefaction facility, or marine terminal, marine transportation services, or other services necessary to transport natural gas to market. See Alaska Statutes 38.05.965
state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(b) The commissioner may
(1) establish reasonable procedures and adopt reasonable regulations necessary to carry out this chapter and, whenever necessary, issue directives or orders to the director to carry out specific functions and duties; regulations adopted by the commissioner shall be adopted under Alaska Stat. Chapter 44.62 (Administrative Procedure Act); orders by the commissioner classifying land, issued after January 3, 1959, are not required to be adopted under Alaska Stat. Chapter 44.62 (Administrative Procedure Act);(2) enter into agreements considered necessary to carry out the purposes of this chapter, including agreements with federal and state agencies;(3) review any order or action of the director;(4) exercise the powers and do the acts necessary to carry out the provisions and objectives of this chapter;(5) notwithstanding the provisions of any other section of this chapter, grant an extension of the time within which payments due on any exploration license, lease, or sale of state land, minerals, or materials may be made, including payment of rental and royalties, on a finding that compliance with the requirements is or was prevented by reason of war, riots, or acts of God;(6) classify tracts for agricultural uses;(7) after consulting with the Board of Agriculture and Conservation (AS 03.09.010), waive, postpone, or otherwise modify the development requirements of a contract for the sale of agricultural land if
(A) the land is inaccessible by road; or(B) transportation, marketing, and development costs render the required development uneconomic;(8) reconvey or relinquish land or an interest in land to the federal government if
(A) the land is described in an amended application for an allotment under 43 U.S.C. § 1617; and(B) the reconveyance or relinquishment is
(i) for the purposes provided in 43 U.S.C. § 1617; and (ii) in the best interests of the state;(9) lead and coordinate all matters relating to the state’s review and authorization of resource development projects;(10) enter into commercial agreements with a duration of not more than two years for project services related to a North Slope natural gas project;(11) in consultation with the commissioner of revenue, participate in the negotiation of agreements that include balancing, marketing, disposition of natural gas, and offtake and contracts and development of terms for inclusion in those proposed agreements and contracts associated with a North Slope natural gas project; an agreement or contract negotiated under this paragraph to which the state is a party is not effective unless the legislature authorizes the governor to execute the agreement or contract;(12) enter into confidentiality agreements to maintain the confidentiality of information related to contract negotiations and contract implementation associated with a North Slope natural gas project; information under those confidentiality agreements is not subject to AS 40.25.100 – 40.25.295 (Alaska Public Records Act), except that
(A) the terms of a proposed contract that the commissioner presents to the legislature for the purpose of obtaining authorization for the governor to execute are not confidential and must be made available to the public at least 90 days before the proposed effective date for the terms; and(B) the commissioner may share confidential information obtained under this paragraph with members of the legislature, their agents, and contractors on request under confidentiality agreements, either in committees held in executive session or individually;(13) consult with the Alaska Gasline Development Corporation in the development of agreements or contracts under (10) or (11) of this subsection for project services related to a gas treatment plant, pipeline, liquefaction facility, marine terminal, or marine transportation services necessary to transport natural gas to market;(14) in consultation with the commissioner of revenue, take custody of gas delivered to the state under AS 43.55.014(b) and manage the project services and disposition and sale of that gas;(15) exercise the powers and do the acts necessary to carry out the provisions and objectives of Alaska Stat. Chapter 43.90 that relate to this chapter.
