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Interior Gas Utility board approves $58 million merger

By Associated Press Jan 12, 2017 KTUU, Channel 2 Anchorage FAIRBANKS, Alaska (AP) – The board of directors for Interior Gas Utility has agreed to purchase Fairbanks Natural Gas from the state for more...

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Getting the ball rolling on gas: Utility merger should clear path for...

Fairbanks Daily News-Miner editorial Jan 12, 2017 News-Miner opinion: Pending approval from the Alaska Industrial Development and Export Authority, the Interior is about to go from two gas utilities to...

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AIDEA Makes IGU’s Acquisition Of Pentex Alaska Official With Approval

Submitted by Brandon Smith on Thu, 01/12/2017 – 19:43 Watch News Clip It was up to the Alaska Industrial Development and Export Authority, or AIDEA, last night to approve the non-binding Memorandum of...

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State moves on sale of LNG facilities to get natural gas to Fairbanks

Author: Alex DeMarban Jan 12, 2017 Alaska Dispatch News The state and a Fairbanks utility finalized a preliminary deal this week setting the stage for a $330 million plan to boost natural gas shipments...

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Going for integration

IGU, AIDEA boards approve MOU for consolidation of Fairbanks gas utilities ALAN BAILEY Petroleum News The boards of the Interior Gas Utility and the Alaska Industrial Development and Export Authority...

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More Progress Toward Interior Gas

Submitted by Staff Reporter on 01/12/2017 – 17:35. Watch News Clip It was up to the Alaska Industrial Development and Export Authority, or AIDEA, last (WED) night to approve the non-binding Memorandum...

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Another LNG option

Plans move forward for Houston plant for shipping LNG on Alaska Railroad ALAN BAILEY Petroleum News 2/17/17 A new option for liquefying and marketing natural gas from Alaska’s Cook Inlet has emerged in...

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Work Session Meeting Date Changed

Please note, the upcoming work session scheduled for April 18th has been moved to April 25th. The meeting time still begins at 4:00 PM. See our event calendar for more meeting information. The post...

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August Board of Directors Meeting Date Change

Please note that the upcoming Board Meeting scheduled for Tuesday, August 1st has been moved to Friday, August 4th. The time still begins at 4:00 PM. See calendar for more information. Get the meeting...

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August Board of Directors Special Work Session

Please note that the IGU Board of Directors will be holding a Special Work Session on Tuesday, August 29, 2017. The meeting will begin at 4:00 PM at the IGU downtown Fairbanks location. See calendar...

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Public Presentation & Information Sessions

The Interior Gas Utility is hosting two Public Presentation and Information Sessions to help residents learn about the agreements to finance unification of our community’s natural gas utilities and...

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Special Work Session and Public Comment

The Interior Gas Utility is holding a Special Board Work Session and to receive public comment on the agreements to finance unification of our community’s natural gas utilities and construction of...

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December 5th Board of Directors Meeting Time and Location Changed

 Please note that the upcoming Board Meeting be held in the  FNSB Assembly Chambers, Juanita Helms Administrative Center, located at 907 Terminal Street beginning at 6:00 PM. >> Get Meeting...

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**NEW** Interior Gas Utility Approves Pentex Purchase

Robin Woods Fairbanks Daily News Miner FAIRBANKS — The Interior Gas Utility voted 5-2 on Tuesday night to proceed with the purchase of Pentex Natural Gas Company for about $60 million, a critical step...

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**NEW** Steps toward natural gas: Storage construction underway

FAIRBANKS, Alaska – As efforts to bring more natural gas to the Interior continue, one problem that needs to be addressed is where to put it. The Interior Energy Project is lining up gas supply,...

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**NEW** LNG Storage Tank Construction

Excavation continues as IGU and AIDEA board members tour the construction site of the new Liquified Natural Gas (LNG) 5 million gallon full containment storage tank being built off of Tria Road Friday...

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**NEW** Emergency Board Meeting, Monday, April 9, IGU Offices, at 8am

Meeting documents available at, April 9, 2018 – Board of Directors Emergency Meeting The post <span style="color:red;">**NEW**</span> Emergency Board Meeting, Monday, April 9, IGU Offices,...

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**UPDATE** May 31st Special Meeting Cancelled

The special meeting planned for May 31, 2018 has been cancelled. The post <span style="color:red;">**UPDATE**</span> May 31st Special Meeting Cancelled appeared first on Interior Gas Utility.

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IGU Finalizes Purchase of Pentex

FAIRBANKS, Alaska – Just a few hours ago the final purchase agreement was signed for Interior Gas Utility to acquire Pentex, the parent company of Fairbanks Natural Gas. This purchase is a major part...

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Purchase of Pentex Approved

FAIRBANKS — All that remains are the signatures. Within the next two days, Interior Gas Utility’s general manager will fly to Anchorage and sign the final paperwork approving the roughly $60 million...

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