Trump Doubles Down on Alaska LNG Project Citing South Korean, Japanese Support Trump touts plans for “giant” Alaska LNG project with South Korean and Japanese support as he pushes for American energy independence. However, specifics remain scarce and even with Asian support the economics of the project remain in question, especially with a number of cheaper LNG projects coming online in the coming years.
Japan and U.S. Looking to Form “Joint Venture” For Alaska LNG Project Japan has signaled support for the $44bn Alaska LNG project. President Trump announced the forming of a “joint venture” during a joint press conference with Japan’s Prime Minister Ishiba. The Alaska LNG project has been garnering steam in recent months with the signing of a development agreement.
Alaska Looking to Re-Enter Global LNG Market with Massive $44bn Project The proposed Alaska LNG project has taken its next hurdle with the signing of a development agreement. The $44bn project would see Alaska export up to 20m tonnes of LNG per year starting in 2031.
Biden Administration Renews Green Light for Alaska LNG Project The global liquified natural gas boom continues to make its way into the Arctic. In addition to production at Norway’s Hammerfest LNG and Russia’s Yamal LNG, the US may also produce liquified natural gas in the Arctic before the end of the decade. A critical export license for the planned Alaska LNG project was reauthorized last week.