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2 Korean Firms Vying to Become Partners in Alaska LNG Project: Glenfarne

  • In June 2025, Glenfarne Alaska LNG, LLC concluded its initial phase of identifying strategic collaborators for the Alaska LNG initiative in Anchorage, Alaska.
  • This came after Glenfarne successfully attracted global partners, leveraging the project's full permitting and strong backing from government agencies at all levels.
  • Over 50 firms representing the U.S., South Korea, Japan, India, and Europe have shown interest in partnerships involving equipment, services, investments, and LNG purchase agreements, collectively valued at over $115 billion.
  • Glenfarne CEO Brendan Duval stated that the level of interest demonstrates the market’s recognition of Alaska LNG’s favorable economic outlook, complete regulatory approval, and robust support from government authorities.
  • Glenfarne plans to confirm its investment commitment for the initial segment of the domestic pipeline by the end of the fourth quarter of 2025, aiming to supply Alaska’s energy demand while also facilitating the international export of natural gas.
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Energy News for the United States Oil & Gas Industry | EnergyNow.com broke the news in on Tuesday, June 3, 2025.
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