also has negotiated preliminary con - struction and support contracts with a variety of experienced Alaska com - panies, with Worley named to provide engineering, procurement and con - struction management services. When Glenfarne acquired a 75% stake in the Alaska LNG Project in March 2025, the project had been studied, and delayed, for years. Glenfarne’s entry was intended as a reset. Rather than pur - suing a single large development, the project has been restructured into sepa - rate independent phases, first to provide energy within Alaska in Phase One, and then to use the large export capacity to improve the overall economics. Overall, Glenfarne has emerged as an agile player in energy and power infrastructure on a global level. That previous success bodes well for the Alaska LNG project and the future of energy development in Alaska.
tract for Alaska LNG. The project is projected to export 20 million tons per year when fully developed, Glenfarne officials said. The latest agreement signed Feb. 26 is with TotalEnergies, a major European energy company, for 2 million tons per year. Other Let - ters of Intent have been signed with potential customers in Asia: JERA and Tokyo Gas in Japan; CPC Corporation in Taiwan; PTT Public Company Lim - ited in Thailand; and POSCO in Korea. Glenfarne also has signed Letters of Intent to supply natural gas to EN - STAR Natural Gas Company, the gas distribution company for Southcentral Alaska, and with Donlin Gold, which is developing a large gold mine west of Anchorage. Preliminary gas purchas - ing agreements also have been signed with North Slope producers ExxonMo - bil and Hilcorp, and Great Bear Pan - theon, which is developing oil and gas discovered in the central North Slope south of Prudhoe Bay. The company
ton-per-year export project has prox - imity to major interstate pipelines. The company now maintains 11 offices in eight countries across four continents. Under the Alaska agreement, Glen - farne has funded the Front-End Engi - neering and Design (FEED) for Alaska LNG, contracting with Worley Limited. The FEED, which includes an updated cost estimate, was completed in Decem - ber although the revised cost has not been released. The company is now fo - cused on securing investments to build the project’s Phase One, the 807-mile, 42-inch pipeline from the North Slope to Southcentral Alaska. Phase Two is fo - cused on the large liquefied LNG export plant at Nikiski on the Kenai Peninsula. Glenfarne now has preliminary LNG sales agreements, through Let - ters of Intent, in place for 13 million tons per year of LNG with interna - tional buyers, which is approaching the company’s initial goal of having 16 million tons per year under con -
— Tim Bradner
Photo by Judy Patrick
Glenfarne: Nimble player on infrastructure projects Glenfarne Group, founded by CEO Brendan Duval, has helped push the Alaska LNG project forward by dividing it into multiple phases.
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ed a portfolio of six owned-and-op - erated projects in just over 10 years. In the Lower 48, one of Glenfarne’s flagship projects is the Texas LNG project at the Port of Brownsville. The company is proud of its strategies tied to responsible energy develop - ment. The project has a solid seismic foundation that reduces construction costs and short, unimpeded access to deepwater Gulf shipping channels. The project’s site plan includes ample room for future expansion. Magnolia LNG, a second project, complements Glenfarne’s Texas LNG project by providing additional capac - ity, when it is built, in the heart of the Gulf Coast LNG corridor. To be built near Lake Charles, La., the 8.8 million
Through the company’s EnfraGen subsidiary, Genfarne has an estab - lished energy and infrastructure pres - ence across Central and South Amer - ica, operating solar, hydro, wind, gas and battery power projects, as well as grid stability infrastructure. In Co - lombia, the company provides LNG import and storage capabilities and supplies the local gas market to help ensure security of supply. At the end of 2025 in Chile, Glen - farne completed the acquisition of four integrated solar and battery proj - ects with a combined 909 megawatts of installed capacity comprising 588 megawatts of solar and associated battery energy storage system facili - ties. In total, Glenfarne has construct -
Alaska LNG gains steam as project scope materializes Glenfarne Group, Alaska’s partner in the extensive and potentially transfor - mational Alaska LNG Project, is an en - ergy infrastructure company well-es - tablished in Central and South America which has expanded into U.S. Gulf Goast liquefied natural gas projects. Glenfarne’s recent Alaska partner - ship with state-owned Alaska Gasline Development Corp. (AGDC) has Glen - farne owning 75% of the Alaska LNG project and the AGDC owning 25%.
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THE LINK: The Official Magazine of the Alaska Support Industry Alliance | SPRING 2026
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