AGDC and Glenfarne to Develop $44 Bln Alaska LNG Project
Published by Todd Bush on January 10, 2025
Jan 10 (Reuters) - The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said on Friday.The project is estimated to cost $44 billion and will start to deliver natural gas in 2031, with LNG exports following shortly thereafter, the spokesperson said.
>> In Other News: New Study Changes Understanding of Green Hydrogen Catalyst Lifespan
Glenfarne will lead and fund the project development, including the Arctic Carbon Capture plant on the North Slope, the LNG export facility in Nikiski, and the 807-mile (1,300-km) pipeline, which will transect the state.The pipeline will carry up to 3.3 billion cubic feet of gas per day from the state's petroleum-rich North Slope to Alaska communities and an export terminal south of Juneau.
The project, which was first approved under Donald Trump's administration, received Federal Energy Regulatory Commission authorization in 2020 and final legal approval in 2022, despite opposition from environmental groups.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
Texas Bypasses EPA, Unlocks Billion-Dollar CCS Rush
Inside This Issue ⛽ Texas Bypasses EPA, Unlocks Billion-Dollar CCS Rush 🏭 Proposed Blue Ammonia Plant In Ingleside Moves Forward After Heated Debate 💡 Hydrogen Could Be The Secret To Unlimited Ene...
-
Spiritus Targets $100 Per Ton Carbon Capture Breakthrough
Inside This Issue 🌍 Spiritus Targets $100 Per Ton Carbon Capture Breakthrough 🌡️ Removing CO2 From Atmosphere Vital To Avoid Catastrophic Tipping Points, Leading Scientist Says 🛫 DG Fuels Appoints...
-
Japan’s $4B Bet Could Redefine the Gulf Coast
Inside This Issue 💰 Japan Bets $4B on Louisiana Ammonia in Gulf Coast Shift 🌫️ Exclusive: Shell Backs Plan To Scale Direct Air Capture Project ☀️ SunHydrogen Highlights Strong Momentum At World Hy...
Company Announcements
-
Copenhagen Infrastructure Partners Acquires Majority Stake in Blue Ammonia Project in the Gulf Coast
COPENHAGEN, Denmark and NEW YORK, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquired a majority stake in a blue ...
-
Montana Renewables Launches MaxSAF™ Blended, Advancing Sustainable Aviation Fuel
GREAT FALLS, Mont., Oct. 27, 2025 /PRNewswire/ -- Montana Renewables (MRL), in collaboration with Calumet Montana Refining (CMR), has commissioned onsite blending and shipping facilities to offer a...
-
ENOC Powers Aviation Sustainability At Dubai Airshow With SAF Supply And Clean Energy Showcase
ENOC Group, a leading integrated global energy player, is reaffirming its commitment to sustainability and innovation at the 19th edition of the Dubai Airshow. Collaboration with Jetex highlights ...
-
Hydrogen Could Be The Secret To Unlimited Energy—And Scientists Just Found A New Way To Unlock It
Researchers have been trying to find a more efficient method for pulling hydrogen out of water. Hydrogen storage can energize power grids. Now scientists are turning to wastewater as a viable sourc...