News Digest (www.upstreamonline.com)
Glenfarne Group has announced a series of preliminary agreements for its two-phase Alaska LNG development project, which encompasses a liquefied natural gas export terminal and an associated pipeline across the state.
Conditional awards have been made for engineering and pipeline construction. Worley has been selected as the engineering, procurement and construction management contractor for the project's first phase, pending a final investment decision. Glenfarne also revealed conditional construction awards to a consortium of companies including MasTec, Quanta Services, and Michels Pipeline, among others, following a competitive bid process. Preliminary supply awards for over 725,000 tonnes of line pipe were granted to Corinth Pipeworks and Europipe GmbH.
The development is structured in two phases. Phase one includes a 739-mile main pipeline from the North Slope to southern Alaska and may include a 63-mile Point Thomson Lateral pipeline. Phase two will add a 20 million tonnes per annum LNG terminal and related infrastructure. The company is targeting mechanical completion of the pipeline in 2028, with first gas delivery in 2029.
The project has secured foundational commercial agreements. Gas supply deals are in place with ExxonMobil and Hilcorp, with ConocoPhillips Alaska indicating collaboration to advance further gas supply agreements. Offtake commitments include a 30-year letter of intent with ENSTAR Natural Gas Company for LNG and an agreement with Donlin Gold Mine for up to 50 million cubic feet per day of natural gas, which includes support for developing a separate 315-mile supply pipeline. Additional agreements include an equipment deal with Baker Hughes and an investment and offtake deal with Posco International of South Korea.
23 January 2026
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