Gov. Sean Parnell on Friday announced a new way forward on a long-hoped-for natural gas pipeline, including getting out from under terms of a 2007 law that he said no longer works well for the situation. In a major policy speech in Anchorage, Parnell said the state and Canadian pipeline builder TransCanada Corp. have agreed to terminate their involvement under the Alaska Gasline Inducement Act. He made clear, however, that TransCanada would remain a partner in the project, just under new terms. Parnell said he would seek legislative approval for state participation in a new commercial agreement with TransCanada and the North Slope’s three major players, Exxon Mobil Corp., BP PLC and ConocoPhillips. He said he expected an agreement with a set of terms to be signed soon. The governor said he also would propose legislation that would allow the state to enter into shipping […]