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
-
Northern Lights CCS Project Begins Operations with First CO2 Injection
Inside This Issue 🛢️ Northern Lights CCS Project Begins Operations with First CO2 Injection 🔋 Advent Technologies Receives Order from Global Energy Giant for Ion Pair HT- PEM Electrode Assemblies ...
-
Chevron’s Boldest Carbon Capture Bet Revealed
Inside This Issue 🌎 Chevron Doubles Down on Carbon Capture with Massive Bayou Bend Hub 🌱 Manitoba Startup Pitches $5 Million Biochar Processing Plant to Ritchot Municipality 🏠MATHESON to Build Ne...
-
They Just Buried Air Underground - Here’s How
Inside This Issue 🌎 History Made: Deep Sky Alpha Begins Operations with North America's First CO2 Storage via Direct Air Capture 🏅 Neste Achieved Platinum Medal in EcoVadis Sustainability Assessme...
Company Announcements
-
LIVERMORE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation driven leader in fuel cells and hydrogen technologies, is pleased to announce th...
-
Montreal, Quebec--(Newsfile Corp. - August 25, 2025) - Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to report major results from its ...
-
MCE™-powered mobility apps turn commuter emission reductions into meaningful environmental benefits and tangible economic value for the mobility apps. U.S. Nationwide Carbon Credit Project: Green...
-
ION Clean Energy Announces ICE Blocks™, Modular Carbon Capture for Smaller Emission Sources
BOULDER, Colo. -- Today, ION Clean Energy (ION), a leading provider of innovative post-combustion carbon capture solutions, announced a new offering called ICE Blocks™. These standardized modular u...