State receives $13.4 million from Minerals Management Service

Posted: Friday, May 11, 2001

ANCHORAGE (AP) -- The state of Alaska has received $13.4 million from the federal Minerals Management Service.

The money is the last of 15 annual payments made as settlement of a dispute over royalties, rents and bonuses from certain federal offshore oil and gas leases.

The agency this year paid out a total of $65 million to Alaska and five other states, Alabama, California, Louisiana, Mississippi and Texas.

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