Trans-Alaska Pipeline System rate. In the Fairbanks North Star Borough, for example, pipeline owners paid $9.2 million in property taxes—approximately 10 percent of all property taxes paid in the borough. The enormous amount of public revenue created by the pipeline provoked debates about what to do with the windfall. The record $900 million created by the Prudhoe Bay oil lease sale took place at a time when the entire state budget was less than $118 million, yet the entire amount created by the sale was used up by 1975. Taxes on the pipeline and oil carried by it promised to bring even more
Central Asia–Center gas pipeline system proposed to renovate existing systems and construct a new parallel pipeline to the western branch. On 12 May 2007, Vladimir Putin of Russia, Nursultan Nazarbayev of Kazakhstan and Gurbanguly Berdimuhamedow of Turkmenistan signed a memorandum for renovation and expansion of the western branch of the pipeline. On 20 December 2007, Russia, Turkmenistan and Kazakhstan finalized agreement on construction of the Caspian Coastal Pipeline parallel to the existing CAC-3 pipeline (known as Bekdash–Europe pipeline or Okarem–Beineu pipeline). Almost all Uzbek and Turkmen natural gas is delivered through the CAC pipeline system, mainly through the eastern branch due to location of production