Based on our 2022 analysis, we found that the net present value of the pipeline was negative, and that was when construction costs were at $20 billion or slightly more than that. With construction costs having increased to $34 billion, we still have to complete the analysis, but it suggests that, as Ms. Levin indicated in her opening remarks, tolls will have to increase or the sale value will have to be less than the construction costs and the net present value of future revenues.
On September 16th, 2024. See this statement in context.