Reported South Korean Investment in Alaska Gas Pipeline

History

1. Oct 1 UTC

   Opened1 report

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42 sources28 outlets3 videos1 wire copy

• akleg.gov3

  1. www.akleg.gov
  2. House Finance Committee Update
  3. AKLEG Senate Finance Committee Discussion
• Alaska Public Mediaalaskapublic.org3

  1. First reported Sep 30 20:02 UTC
  2. Trump claims South Korea will invest $50 billion in Alaska gas pipeline but offers few detailsSep 30 UTC
  3. Glenfarne releases Alaska LNG cost estimates, as skeptical legislators press for detailsJun 4 UTC
  4. State approves confidential deal with developer to move gasline project forwardMar 28 UTC
• Anchorage Daily Newsadn.com3

  1. First reported Oct 1 03:03 UTC
  2. Trump to announce South Korean investment in Alaska natural gas pipelineOct 1 UTC
  3. Lawmakers skeptical as developer of Alaska LNG megaproject sets rapid construction timelineFeb 12 UTC
  4. Alaska LNG cost estimate bumps to as much as $55B as lawmakers weigh what comes next in special sessionJun 6 UTC
• Seoul Economic Dailysedaily.com3

  1. First reported Sep 30 14:43 UTC
  2. Trump Puts Alaska LNG at Front of Korea's U.S. Investment PackageSep 30 UTC
  3. U.S. Locks In Alaska LNG Stake; Seoul Vows Tough TalksSep 30 UTC
  4. U.S. Announces Korean $50 Billion Investment in Alaska LNGSep 30 UTC
• Yonhap News Agencyyna.co.kr3

  1. First reported Sep 30 21:30 UTC
  2. (3rd LD) Trump unveils S. Korea's investment plans for Alaska LNG project, Texas power plant, 8 nuclear reactorsOct 1 UTC
  3. (LEAD) Trump unveils S. Korea's investment plans for Alaska LNG project, Texas power plant, 8 nuclear reactorsSep 30 UTC
  4. (2nd LD) Trump unveils S. Korea's investment plans for Alaska LNG project, Texas power plant, 8 nuclear reactorsSep 30 UTC
• Alaska Storythealaskastory.com2

  1. First reported Sep 30 22:49 UTC
  2. Alaska LNG price tag climbs as lawmakers delayJun 7 UTC
  3. Trump announces $54 billion Alaska LNG investment plan. White House press corps shows distainSep 30 UTC
• alaska-lng.com2

  1. ANCHORAGE, Alaska (May 18, 2026) – Today Glenfarne Alaska LNG LLC, a subsidiary of Glenfarne Group, and ConocoPhillips (NYSE: COP) Alaska announced the companies have signed a gas sales precedent agreement to supply natural gas produced on Alaska’s North Slope for Phase One of the Alaska LNG project. With this thirty-year agreement, Alaska LNG has now secured precedent agreements for sufficient volumes to support a Phase One final investment decision and supply enough natural gas to meet Alaska’s energy needs. Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase One consists of the 739-mile, 42-inch pipeline to transport natural gas to Alaska consumers to strengthen long-term energy security and address looming supply shortfalls resulting from declining Cook Inlet production. Phase Two will add the LNG export facilities in Nikiski. Alaska LNG now has agreements with all three major North Slope producers: ConocoPhillips, ExxonMobil (NYSE: XOM), Hilcorp Alaska, as well as Great Bear Pantheon LLC, a wholly owned subsidiary of Pantheon Resources plc (AIM: PANR). Adam Prestidge, President of Glenfarne Alaska LNG, said, “All major North Slope producers have now committed enough natural gas to support a Phase One final investment decision. Today’s milestone agreement establishes the commercial terms for ConocoPhillips to supply gas and help Phase One of Alaska LNG provide energy security for Alaska. I appreciate Erec and his team for their continued collaboration and support as we advance this transformational energy project for Alaska.” ConocoPhillips Alaska President Erec Isaacson said, “ConocoPhillips shares Glenfarne’s commitment to developing Alaska’s resources for the long-term benefit of Alaskans. Our participation in Alaska LNG supports reliable access to responsibly produced North Slope natural gas while complementing our ongoing investment in Alaska.”
  2. FOR IMMEDIATE RELEASE GLENFARNE ANNOUNCES MAJOR PHASE ONE ALASKA LNG MILESTONES, WITH CONSTRUCTION, LINE PIPE SUPPLY, AND IN-STATE GAS AGREEMENTS JUNEAU, Alaska (January 22, 2026) – Glenfarne Group, LLC subsidiary Glenfarne Alaska LNG, LLC (“Glenfarne”), majority owner and developer of the Alaska LNG Project, today announced a series of major advances that move Phase One of the Alaska LNG Project from development into early execution – focused on rapidly delivering reliable, affordable natural gas to Alaskans. Glenfarne Chief Executive Officer and Founder Brendan Duval said, “This is about progressing from planning to building. By aligning construction, pipe supply, gas supply, and in-state customers, we are advancing Alaska LNG in a concrete way that is practical, financeable, and focused on delivering real benefits to Alaskans. Glenfarne and the many companies involved in today’s announcements have dedicated significant time, resources, and expertise as we simultaneously and rapidly progress so many different aspects of the project.” Alaska LNG is being developed through the entity 8 Star Alaska LLC, which is 75% owned by Glenfarne and 25% owned by the State of Alaska through the Alaska Gasline Development Corporation. Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase One consists of a 739-mile, 42-inch pipeline constructed in four simultaneous sections, or spreads, to deliver natural gas from Alaska’s North Slope to meet Alaska’s domestic energy needs. Phase One of the pipeline may also include the 63- mile, 32-inch Point Thomson Lateral Pipeline (the “Point Thomson Lateral”). Glenfarne is targeting mechanical completion of the pipeline in 2028 and delivery of first gas in 2029. Phase Two will add the LNG liquefaction terminal and related infrastructure to export 20 million tonnes per annum (MTPA) of LNG. EPCM Agreement Glenfarne has provisionally named global energy, chemicals, and resources professio
• C-SPAN22 videos

  1. First reported Sep 30 21:25 UTC
  2. Washington Today (9-30-26): Senate defeats bill on data centers, tech companies & electricity costsSep 30 UTC · video
  3. Trump announces energy infrastructure investment agreement with South KoreaSep 30 UTC · video
• CBS Newscbsnews.com21 video

  1. First reported Sep 30 22:50 UTC
  2. Trump unveils South Korean investment in pipeline in Alaska, site of a tight Senate raceSep 30 UTC
  3. Trump announces $54 billion South Korean investment in Alaska natural gas projectSep 30 UTC · video
• Alaska Gasline Development Corporationagdc.us1

  1. GLENFARNE BECOMES LEAD DEVELOPER FOR THE ALASKA LNG PROJECT Glenfarne, Alaska Gasline Development Corporation Sign Binding, Definitive Project Development Agreements Enhancing Momentum For The Project
• CHOSUNBIZchosun.com1

  1. First reported Sep 30 21:01 UTC
  2. Korea weighs Alaska LNG with US, balancing commercial sense and energy securitySep 30 UTC
• Fairbanks Daily News-Minernewsminer.com1

  1. Glenfarne releases updated Alaska LNG cost estimates | Alaska News | newsminer.comJun 5 UTC
• ferc.gov1

  1. ORDER GRANTING AUTHORIZATION UNDER SECTION 3 OF THE NATURAL GAS ACT (Issued May 21, 2020) On April 17, 2017, Alaska Gasline Development Corporation (AGDC) filed an and Part 153 of the for authorization to site, construct, and operate facilities in the State of Alaska for the liquefaction and export of natural gas produced in the North Slope of the State of Alaska (Alaska LNG Project). For the reasons discussed in this order, we will authorize AGDC’s proposed project, subject to the conditions discussed and attached herein. I. Background and Proposal AGDC is an independent, public corporation of the State of Alaska structured within the Department of Commerce, Community, and Economic Development. The Alaska State Legislature provided AGDC with the authority and primary responsibility
• https://www.alaskasnewssource.comalaskasnewssource.com1

  1. First reported Sep 30 16:43 UTC
  2. Trump set to announce $54B Alaska LNG investment; South Korea to fund projectSep 30 UTC
• https://www.webcenterfairbanks.comwebcenterfairbanks.com1

  1. Alaska LNG pipeline cost unveiled after months of lawmakers asking for price tagJun 4 UTC
• koreajoongangdailykoreajoongangdaily.com1

  1. First reported Sep 30 23:39 UTC
  2. Korea secured safeguards in 'uneven' U.S. investment deal, assures industry ministerSep 30 UTC
• KTOOktoo.org1

  1. Glenfarne releases Alaska LNG cost estimates, as skeptical legislators press for detailsJun 4 UTC
• PBS Newspbs.org1

  1. First reported Sep 30 20:55 UTC
  2. WATCH: Trump announces $54 billion South Korean investment in Alaska natural gas pipelineSep 30 UTC
• Petroleum Newspetroleumnews.com1

  1. Glenfarne numbers out
• Reporting From Alaskadermotcole.com1

  1. Reporting From Alaska- Just like that, Alaska LNG project soars to $54.4 billionJun 5 UTC
• reuters.com1

  1. Trump unveils $200 billion South Korean investment in US
• SBS World Newssbs.co.kr1

  1. First reported Sep 30 23:55 UTC
  2. Trump Directly Announces S. Korea's U.S. Investment Plans Including Alaska LNG and 8 Nuclear ReactorsSep 30 UTC
• The Asia Business Dailyasiae.co.kr1

  1. First reported Sep 30 21:55 UTC
  2. "$50 Billion Alaska LNG" ... Business Feasibility Remains Uncertain Despite Trump’s AnnouncementSep 30 UTC
• The Herald Businessheraldcorp.com1First

  1. First reported Sep 30 02:20 UTC
  2. Trump pushes Alaska LNG ahead of midterms — but Seoul says details still unresolvedSep 30 UTC
• The Hillthehill.com1

  1. First reported Sep 30 21:30 UTC
  2. South Korea to invest $200B in US energy projectsSep 30 UTC
• The Korea Heraldkoreaherald.com1

  1. First reported Sep 30 21:07 UTC
  2. Trump unveils 3 projects under Korea's $200b US investment planSep 30 UTC
• 매일경제mk.co.kr1

  1. First reported Sep 30 21:22 UTC
  2. Trump Effectively Confirms South Korea's Participation in Alaska LNG Project: "Largest Energy Investment in U.S. History" - MKSep 30 UTC
• 一般財団法人 日本エネルギー経済研究所 - IEEJieej.or.jp1

  1. Verification of the latest cost estimate for the Alaska LNG project