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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: elmatador who wrote (206070)7/23/2025 8:00:54 AM
From: Elroy Jetson1 Recommendation

Recommended By
elmatador

   of 206084
 
President Joe Biden approved the new Alaska LNG project on 17 April 2023 with the earliest possible Alaska LNG deliveries to Asia in 2031. - highnorthnews.com

Alaska's Kenai LNG plant operated for 48 years beginning in 1969 making it one of the oldest such facilities in the world. At the time of its completion it was the largest LNG plant in the world.

Conoco-Philips shut-down Alaska's first LNG plant in 2017 amid a glut in LNG supply with record low prices and this and a new north slope project failed to gain support from the Trump Administration. - adn.com - adn.com
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New York-based energy firm Glenfarne and the Alaska Gasline Development Corporation agreed 14 January 2025 on a deal to develop the Alaska LNG project. More than a decade in the making the agreement is a key step to move the project towards realization.

Alaska LNG will transport gas resources on the state’s north slope, transport them via an 800-mile (1,300 km) pipeline to a yet-to-be-built liquefaction plant in Nikiski on the Kenai Peninsula, and export the super-chilled gas via tankers to markets in Asia.

By piping the gas to the ice-free waters of southern Alaska the project can rely on conventional LNG carriers, rather than the more expensive and complex ice-capable variety.

Glenfarne is simultaneously developing projects in Texas and Louisiana, though neither the Texas LNG and Magnolia LNG projects have achieved investment stage and are years from being built.

At the earliest Alaska LNG would begin piping natural gas and liquefying it in 2031. With a capacity of 20mn tonnes per year the liquefaction facility in Nikiski would rival Russia’s Arctic projects.
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