Glenfarne Alaska LNG, LLC, a subsidiary of Glenfarne Group, LLC and the majority owner and lead developer of the Alaska LNG project, has announced the successful completion of the first round of its Strategic Partner selection process. The process attracted participation from over 50 companies spanning the United States, Japan, Korea, Taiwan, Thailand, India, and the European Union. Collectively, these potential partners have expressed formal interest in more than $115 billion worth of contracts across various areas including equipment and material supply, services, investment, and customer agreements.
Brendan Duval, CEO and founder of Glenfarne, stated: “The many expressions of interest received reinforce that the market recognises Alaska LNG’s advantaged economics, fully permitted status, and powerful federal, state, and local support. The reality is being understood that the energy crisis in Southcentral Alaska can only be solved, in the long term, by the domestic portion of the pipeline, which is independently financially viable. We look forward to selecting our strategic partners and driving the project forward together.”
Alaska LNG is uniquely positioned to deliver LNG to Asian markets at costs lower than those from the US Gulf Coast, thanks to its competitive economic fundamentals. Glenfarne launched its Strategic Partner Selection Process in early May 2025 to identify global partners interested in long-term collaboration with the project.
The Alaska LNG project comprises an 807-mile, 42-inch pipeline capable of transporting sufficient natural gas to meet both Alaskan domestic demand and supply the planned 20 million tonnes per annum LNG export facility. The pipeline will be constructed in two distinct, financially viable phases. Phase One involves delivering gas approximately 765 miles from the North Slope to the Anchorage region. Phase Two will extend the line under Cook Inlet by 42 miles and add compression infrastructure to connect with the Alaska LNG Export Facility in Nikiski. Both the second phase of the pipeline and the LNG export terminal will be constructed concurrently.
A final investment decision on the domestic segment of the Alaska LNG pipeline is expected by late Q4 2025. Glenfarne recently partnered with Worley to complete final engineering for the pipeline component of the project.
Glenfarne Group, LLC also owns Texas LNG—whose capacity is now fully contracted and expects a final investment decision later this year—as well as Magnolia LNG, a late-stage LNG export project in Lake Charles, Louisiana. The company is also the largest importer of LNG into Colombia. Across its portfolio, Glenfarne owns more than 50 operating energy assets in five countries. Including Alaska LNG, its permitted LNG development capacity now totals 32.8 MTPA.
For more information visit www.glenfarne.com
