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VOLUME 3 | ISSUE 1 | MARCH 2026
GLENFARNE MOVING FORWARD ON ALASKA LNG
Developer announces flurry of conditional agreements on pipeline BY TIM BRADNER GLENFARNE GROUP LLC, MAJORITY OWNER AND DEVELOPER OF THE ALASKA LNG PROJECT, ANNOUNCED A SERIES OF CONDITIONAL CON- TRACTS FOR THE ALASKA LNG PROJECT PHASE ONE, THE 42-INCH PIPELINE FROM PRUDHOE BAY TO SOUTHCENTRAL ALASKA. Phase One is focused on rapidly de- livering reliable, affordable natural gas to Alaskans, said Brendan Duval, CEO of Glenfarne. “By aligning construction, pipe supply, gas supply and in-state customers, we are advancing Alaska LNG in a concrete way that is practical, financeable and focused on delivering real benefits to Alaskans. Glenfarne and the many companies in- volved in the announcements have dedi- cated significant time, resources and ex- pertise as we simultaneously and rapidly progress so many different aspects of the project,” Duval said in a statement. Alaska LNG is being developed through the entity 8 Star Alaska LLC, which is 75% owned by Glenfarne and 25% owned by the State of Alaska through the Alaska Gasline Development Corpo- ration (AGDC). Glenfarne is developing Alaska LNG in financially independent phases to ac- celerate project execution. Phase One con- sists of a 739-mile, 42-inch pipeline con- structed in four simultaneous sections, or spreads, to deliver gas from Alaska’s North Slope to meet Alaska’s domestic energy needs. Phase One of the pipeline may also in- clude the 63-mile, 32-inch Point Thomson Lateral Pipeline. If the needed investment funds (esti- mated at over $10 billion) can be secured
Alaska LNG Timeline and Milestones
and a Final Investment Decision is made soon, Glenfarne is targeting mechanical completion of the pipeline in 2028 and delivery of first gas in 2029. Phase Two will add the large LNG liquefaction plant planned at Nikiski, near Kenai, and relat- ed infrastructure to export 20 million tons per year of LNG to customers, mostly ex- pected to be in Asia. Glenfarne has provisionally named Worley Limited to provide Engineering, Procurement and Construction Manage- ment services for Phase One. This follows Worley’s completion at the end of 2025 of Phase One engineering work sufficient for a final investment decision, when it is Key Activities and Milestones March 2025: Glenfarne Alaska LNG, LLC becomes majority owner (75%) and lead developer of the project, with AGDC retaining 25%. Development focus turns to pipeline first. May–June 2025: Partnership with Worley begins final engineering and cost validation for the pipeline to support a Final Investment Decision (FID). Current: Glenfarne awaiting Final In- vestment Decision for the domestic pipeline; issues conditional awards to multiple compa- nies for pipeline construction. 2026–2028: Pipe manufacturing, right-of- way preparation, and mainline construction Here’s a breakdown of the Alaska LNG project — including what each phase involves, key recent developments and projected timing of milestones: Phase 1 — Domestic Pipeline Infra- structure: Build a natural gas pipeline from the North Slope to central and south Alaska to deliver gas for domestic energy demand first — independent of the export facilities.
made. The conditional award remains subject to the completion of a definitive agree- ment, Duval said. Glenfarne also announced conditional awards for pipeline construction and sup- ply following a bid process that began with 20 participants. The following companies and suppliers have received a conditional award for pipeline construction that in- cludes comprehensive pricing and tech- nical specifications, and reflects specific roles in the multi-spread construction strategy for the Phase One pipeline and 2028–2030 (Target): Major construction of liquefaction trains and export terminals continues. 2030–2032 (Projected Start): LNG ex- ports commence from Nikiski once facilities are complete and commissioned. Key Activities and Milestones Concurrent construction: Phase 2 pipeline segment (Cook Inlet) will likely be built roughly at the same time as the LNG export plant once FID is achieved. 2026 (Target): Glenfarne expects to take Final Investment Decision on LNG export facilities after Phase 1 progress and commer- cial commitments. anticipated; mechanical completion targeted by 2028. 2029: Pipeline delivers first gas to in- state utilities and other customers — fulfilling Alaska’s internal energy needs. Phase 2 — LNG Export & Liquefaction Terminal: Build the LNG liquefaction and export facilities at Nikiski, Alaska, to ship up to 20 million tonnes per annum (MTPA) of LNG to global markets.
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ALASKA RESOURCE REVIEW MARCH 2026
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