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
-
How Duke Energy Just Made Hydrogen History
Inside This Issue 💧 Duke Energy Florida Unveils Nation's First System Capable Of Producing, Storing And Combusting 100% Green Hydrogen ✈️ Technip Energies’ Hummingbird Technology Powers LanzaJet’s...
-
The $9B Deal That Almost Didn't Happen
Inside This Issue 💰 The $9B Deal That Almost Didn't Happen ⚖️ IMO Rules Understate Benefits of Utilising Captured Carbon, Says GCMD 🌾 Corteva and bp Launch Biofuel Feedstock Joint Venture Etlas 🔬 ...
-
Nebraska's 3-Plant Ethanol CCS Gamble Pays Off Big
Inside This Issue 🌽 Nebraska's 3-Plant Ethanol CCS Gamble Pays Off Big 🧊 New Evaporative Crystallizer Design Accelerates Direct-Air Carbon Capture ✈️ From SAF to Solar: DHL’s Bold Steps Toward Net...
Company Announcements
-
Capstone Green Energy Holdings, Inc. (the "Company” or “Capstone”) (OTCQX: CGEH), together with its subsidiaries, a leading provider of clean technology solutions using ultra-low emission microturb...
-
Duke Energy Florida, a subsidiary of Duke Energy, unveiled its DeBary Hydrogen Production Storage System in Volusia County, marking the first demonstration project in the United States capable of u...
-
ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, announced today it has signed a licensing deal with Viking Energ...
-
LanzaTech Achieves Guaranteed Performance At Japan MSW-To-Ethanol Plant
Collaborative pilot at Kuji facility showcases robust ethanol yields using LanzaTech’s fermentation technology Achieved ethanol yields exceeding guaranteed performance for over 14 consecutive d...