AGDC and Glenfarne to develop $44 bln Alaska LNG project
Published by Todd Bush on January 14, 2025
The 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 and LNG exports would follow shortly thereafter, the spokesperson said.
>> In Other News: Avina Clean Hydrogen Completes FEED for 800,000 MTPA Clean Ammonia Facility
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 Anchorage.
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.
(This story has been corrected to say the pipeline will carry gas to an export terminal south of Anchorage, not Juneau, in paragraph 4)
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
-
They Pulled Hydrogen Straight Out of Rock. A World First.
Inside This Issue 🛢️ No CCUS, No Pipeline: The $100 Billion Bet Behind Alberta's West Coast Oil Route 🌋 GeoRedox and Canada Nickel Launch the World's First Stimulated Geologic Hydrogen Well in Ont...
-
It's Buried. California's First Underground CO₂ Project Goes Live.
Inside This Issue 🏜️ California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California 💂 Plug and Carlton Power, Barrow Gr...
-
Microsoft's "Pause" Just Produced 650,000 Tonnes of BECCS Microsoft's "Pause" Just Produced 650,000 Tonnes of BECCS
Inside This Issue 🌱 Microsoft's BioCirc Deal Signals BECCS Is Now Bankable 🔎 Hydrogen Exploration in Iowa Well Underway 🛢️ Alberta Sees Oil Sands Deal on Carbon Project Within Two Months 🍁 This Ca...
Company Announcements
-
New guidance gives CDR buyers and project developers practical, contractable guidelines for responsible agricultural residue sourcing — filling a critical gap as biomass-based CDR scales rapidly N...
-
Hydrogen modules measuring 1.92 m² (20.7 ft²), built with SunHydrogen's latest catalyst integration and coating improvements, installed at UT Austin's Hydrogen ProtoHub, demonstrate efficiencies co...
-
Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”) is pleased to provide an update on its flagship sustainable aviation fuel (“SAF”) project located in British Columbi...
-
KBR’s PureSAF® Technology Selected for Northen Europe’s Largest SAF and e-SAF Plant by NorSAF
KBR (NYSE: KBR) announced today that NorSAF, one of the leading sustainable aviation fuel (SAF) producers in the Baltics, has selected KBR’s proprietary PureSAF® technology for what is set to becom...