BIA gets fuel supply extension
The city of Bangor has negotiated a three-month extension with ExxonMobil Corp., giving the city more time to explore its options if the fuel supplier ends its contract with Bangor International Airport.
City councilors Monday approved the contract extension with ExxonMobil, which said earlier this month that it would give its six-month termination notice as the airport's fuel supplier. Exxon has complained about a revision in a state tax law that would see the company pay taxes six times greater than the profit it generates from fuel sales at BIA, according to the Bangor Daily News.
The extension will allow the city to examine its alternatives and potentially convince ExxonMobil, which has been the airport's supplier for over 30 years, to reconsider.
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