From High North News, January 14:
The proposed Alaska LNG project has taken its next hurdle with the signing of a development agreement. The $44bn project would see Alaska export up to 20m tonnes of LNG per year starting in 2031.
New York-based energy firm Glenfarne and the Alaska Gasline Development Corporation have agreed on a deal to develop the Alaska LNG project. More than a decade in the making the agreement is a key step to move the project towards realization.
Just last year the project seemed to have hit the end of the road when its board recommended shuttering the operation.
Alaska LNG looks to develop gas resources on the state’s north slope, transport them via an 800-mile (1,300 km) pipeline to a yet-to-be-built liquefaction plant in Nikiski on the Kenai Peninsula, and export the super-chilled gas via tankers to markets in Asia.
The Biden Administration greenlit the project in 2023.
Alternative proposals had also envisioned a liquefaction plant in Alaska’s north to transport the LNG on ice-breaking LNG tankers similar to Russia’s approach at Yamal LNG and Arctic LNG 2.
Alaska LNG would begin piping natural gas and liquefying it in 2031
By piping the gas to the ice-free waters of southern Alaska the project can rely on conventional LNG carriers, rather than the more expensive and complex ice-capable variety....
....MUCH MORE
