Over $115 Billion Interest in Strategic Partnerships for Glenfarne Alaska LNG Project
ICARO Media Group
**Glenfarne Announces Over $115 Billion in Strategic Partner Interest for Alaska LNG**
ANCHORAGE, Alaska & NEW YORK—Glenfarne Alaska LNG, LLC, a subsidiary of Glenfarne Group, LLC, has drawn substantial interest in its Alaska LNG project, securing over $115 billion in contract value interest from more than 50 companies across the globe. These companies, hailing from the United States, Japan, Korea, Taiwan, Thailand, India, and the European Union, are eager to engage in partnerships involving equipment and material supply, services, investment, and customer agreements.
Brendan Duval, CEO and Founder of Glenfarne, highlighted the strong market recognition of the Alaska LNG project's economic advantages, its fully permitted status, and robust support at various governmental levels. He emphasized that the energy crisis in Southcentral Alaska can only be resolved, in the long term, through the domestic segment of the pipeline, which is financially self-sustaining. Glenfarne is eager to select strategic partners and advance the project in collaboration.
The Alaska LNG project features an 807-mile, 42-inch pipeline designed to transport sufficient natural gas to satisfy Alaska's domestic demands and support the 20 million tonnes per annum (MTPA) Alaska LNG export facility. The project will be implemented in two financially independent phases: the first phase will transport natural gas roughly 765 miles from the North Slope to the Anchorage region, while the second phase will enhance the system with compression equipment and an additional 42-mile pipeline under the Cook Inlet to the LNG Export Facility in Nikiski.
A final investment decision on the domestic portion of the Alaska LNG pipeline is targeted for late Q4 2025. Meanwhile, Glenfarne recently entered into a partnership with Worley to finalize the engineering aspects of the pipeline portion of the project.
Beyond Alaska LNG, Glenfarne Group, LLC operates Texas LNG, which has recently achieved full capacity sales, with a final investment decision anticipated later this year. Glenfarne's portfolio also includes Magnolia LNG in Lake Charles, Louisiana, and the largest LNG importer in Colombia. Collectively, these assets contribute to Glenfarne's permitted LNG portfolio, which totals 32.8 MTPA of capacity under development.
Glenfarne Group, based in New York and Houston, owns and operates over 50 energy infrastructure assets across five countries. Its core focus areas include Global LNG Solutions, Grid Stability, and Renewables. The company's experienced team of executives, asset managers, and operators is committed to developing, acquiring, managing, and operating energy infrastructure assets throughout North and South America.