Glenfarne Alaska LNG, a subsidiary of Glenfarne Group and a majority owner and developer of Alaska LNG, has completed the first round of its strategic partner selection process.
Glenfarne launched the selection process in early May to partner with global companies with a desire for a long-term partnership in the Alaska LNG project. More than 50 companies participated from the United States, Japan, Korea, Taiwan, Thailand, India and the European Union. These potential partners have formally expressed interest in more than $115 billion of contract value for various partnerships with the Alaska LNG project, including equipment and material supply, services, investment and customer agreements.
Alaska LNG is a joint venture with the state of Alaska’s Alaska Gasline Development Corp. The project consists of an 807-mile, 42-inch pipeline capable of transporting enough natural gas to meet both Alaska’s domestic needs and supply the full 20 million tonnes per annum Alaska L
