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Alaska LNG Could Cost More than Double Gulf Coast Rivals
Seoul says it will first review Alaska LNG’s commercial viability as Glenfarne estimates the project could cost up to $54.5 billion.
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Alaska LNG Could Cost More Than Double Gulf Coast Rivals, Raising Questions Over Economics
US President Donald Trump's push to steer $54 billion of South Korean investment into Alaska LNG is putting a fresh focus on a 20 million-ton-a-year export project that would cost more than twice as much as a comparable US Gulf Coast plant.
·Morro Bay, United States
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Alaska’s liquefied natural gas project is, on paper, a simple idea. North Slope, at the northern end of the state, produces huge volumes of gas that would be worth a lot of money if someone were able to transport them to where there is demand for them. Japan and South Korea, two of the world’s largest energy importers, have been natural buyers for years. The problem, repeated since the idea began to circulate in the Carter era and formally resur…
Coverage Details
Total News Sources10
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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