Glenfarne Releases Updated Alaska LNG Cost Estimates

Glenfarne releases updated Alaska LNG cost estimates

Officials for Glenfarne Group, the owner of the Alaska LNG project on Wednesday released much updated cost estimates that Alaska lawmakers have long sought.

Glenfarne releases Alaska LNG cost estimates, as skeptical legislators press for details

Glenfarne Alaska LLC President Adam Prestidge speaks to lawmakers and staff during a lunch-and-learn presentation on Feb. 11, 2025. (Eric Stone/Alaska Public Media) The developer of the Alaska LNG project released its first specific public cost estimates Wednesday for the proposed 800-mile gas pipeline and associated infrastructure. The developer, Glenfarne, told state senators it estimates the full project will cost between $44.5 billion and $5…

Glenfarne Releases Essential Financial Information, Now We Need a Responsible Bill

By the Senate Republican Caucus On June 3, 2026, Glenfarne (the company spearheading the development and construction of the Alaska LNG Project, provided detailed financial information in the Senate Finance Committee meeting regarding the cost and potential tax structure of the megaproject. Glenfarne has emphasized their commitment to ensuring Alaskans receive the lowest possible cost […] The post Opinion: Glenfarne Releases Essential Financial …

Just like that, Alaska LNG project soars to $54.4 billion

On Tuesday this week, Glenfarne was still claiming the Legislature did not need to know the latest estimated cost of the Alaska LNG project.Lawmakers were told they should focus on the “ballpark range” estimates from the state of $46.2 billion and stop worrying about a specific number.Adam Prestidge, the president of Glenfarne Alaska LNG, tried to defend the company’s stonewalling without success before the House Finance Committee: “At this time…