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Japan hires Wood Mackenzie to assess Trump-backed Alaska LNG project: Report

Japan's assessment by Wood Mackenzie aims to address cost and logistical concerns for the $44 billion Alaska LNG project, which could enhance energy security and investment opportunities.

  • Japan has hired Wood Mackenzie to assess the proposed 800-mile Alaska gas pipeline and LNG plant, a $44 billion project promoted by U.S. President Donald Trump.
  • Following last week's trade talks, Tokyo agreed to explore Alaskan LNG offtake and pledged $550 billion of U.S.-bound investments; Yoji Muto said, `We are continuing to hold close discussions with U.S. officials on the economic viability...`
  • Developers have engaged Japanese energy companies including JERA, Tokyo Gas, Osaka Gas, Mitsubishi Corp, and Inpex; JERA is `considering` the project, Tokyo Gas is a procurement candidate, and Inpex remains undecided.
  • Securing Japanese corporate commitments could unlock financing from Japan Bank for International Cooperation and help project developers aiming for a final investment decision by the end of the year.
  • The evaluation is intended to allay investor doubts by addressing mixed past reviews from the 2016 study and 2022 review, while existing non-binding deals with Thailand's PTT Group and Taiwan's CPC Corp show regional interest.
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Colorado Springs GazetteColorado Springs Gazette
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Exclusive-Japan hires Wood Mackenzie to assess Trump-backed Alaska LNG project, sources say

By John Geddie and Tim Kelly

·Colorado Springs, United States
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Market Screener broke the news in on Monday, September 8, 2025.
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