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
-
Origins Hub Will Store 1.5 Million Tonnes of CO2 in Alberta
Inside This Issue 🍁 Enhance Energy's Origins Hub Reshapes Alberta Carbon Storage 🤝 Carbon Unbound Merges East and West Coast Summits Into One Flagship North American CDR Event 🧭 Vortex Energy Enga...
-
Honeywell's Methanol-to-Jet Pathway Just Cleared Its Biggest Gate
Inside This Issue 🛫 Methanol-to-Jet Clears the ASTM Gate. What Changes Now? 🌿 InPlanet Selected as the Brazilian Supplier in Whirlpool Corporation's Durable Carbon Removal Portfolio 🧲 Climeworks A...
-
How Montana Renewables Cut $1B Out of Its SAF Budget
Inside This Issue 🌿 How Montana Renewables Cut MaxSAF Capex 89% 📋 IRS Issues Notice on 45Z Clean Fuel Production Tax Credit to Support Domestic Biofuel Production and American Agriculture 🌊 Natura...
Company Announcements
-
Center for Green Market Activation, RMI, and 3Degrees partner on new initiative to harness collective demand for green ammonia to reduce fertilizer production emissions. WASHINGTON, Sept. 14, 2026...
-
Proposed collaboration combines Mantle8's proprietary hydrogen exploration platform with Element One's regional operating capabilities in British Columbia and Alberta Vancouver, British Columbia--...
-
Vortex Energy Engages Lonquist to Manage Ground Gravity Survey at the Robinsons River Salt Project
Lonquist to lead survey planning and data acquisition, building on recent technical work at Robinsons River VANCOUVER, British Columbia, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE...
-
In the largest rice methane offtake to date, Mitti Labs will deliver one million high-integrity credits to Google by 2030 BENGALURU, India and SAN FRANCISCO, Sept. 10, 2026 /PRNewswire/ -- Deep-t...