Alaska
Alaska LNG Secures Preliminary Gas Supply Agreement
Alaska Gasline Development Corp. (AGDC) has signed a preliminary agreement to source gas from Pantheon Resources PLC for Alaska LNG, a federally authorized project to export up to 20 million metric tons of liquefied natural gas (LNG) per year.
The so-called gas sales precedent agreement (GSPA) contains main terms that would be contained in a future binding GSA between AGDC and London-based Pantheon, including the supply of up to 500 million cubic feet per day (MMcfpd) to the liquefaction project for an extendable 20 years.
The GSPA also set the maximum base price for the feed gas at $1 per million British thermal unit in 2024 dollars, AGDC and Pantheon said in a joint statement. The GSPA was signed between AGDC subsidiary 8 Star Alaska LLC and Pantheon subsidiary Great Bear Pantheon LLC.
In Alaska, Pantheon plans to develop two field discoveries, Ahpun and Kodiak, which sit onshore state land in the North Slope. Kodiak has been independently certified to contain 5.4 trillion cubic feet of gas and 1.2 billion barrels of marketable liquids, in the best-estimate scenario for contingent recoverable resources, according to a Pantheon statement April 9. Pantheon is still working on a resource estimate for Ahpun.
The signing of a GSA in the future is conditional on Pantheon reaching affirmative final investment decisions (FID) on these upstream projects, as well as AGDC making an FID for Alaska LNG. AGDC plans to reach an FID mid-2025. Pantheon also needs permits and regulatory approvals to deliver gas for Alaska LNG.
Alaska LNG, which received export authorization from the Energy Department last year, is pursuing a phased development to make it attractive to investors. The GSPA is part of phase one.
“Phase 1 of Alaska LNG does not involve construction of an LNG plant, and as a result has a materially lower capex requirement and construction timeframe, allowing gas transportation as early as 2029”, the joint statement said.
AGDC president Frank Richards commented, “This agreement solidifies the commercial foundation needed for the Phase 1 portion of Alaska LNG and provides enough pipeline-ready natural gas, at beneficial consumer rates, to resolve Southcentral Alaska’s looming energy shortage as soon as 2029”.
“Phasing Alaska LNG by leading with the construction of the pipeline will make Alaska LNG’s export components more attractive to LNG developers and investors, and this agreement will help unlock the project’s substantial economic, environmental, and energy security benefits for international markets as well as for Alaska”, Richards added.
AGDC is in talks with potential partners for the construction of the 807-mile pipeline from the North Slope to Southcentral Alaska. Alaska LNG is planned to deliver up to 3.3 billion cubic feet of gas per day from the North Slope to overseas markets, according to AGDC.
“AGDC is continuing advanced discussions with an established North American pipeline developer and Alaska utilities to complete the commercial structure that will make a natural gas pipeline from the North Slope to Southcentral Alaska possible and further enhance the prospects for the overall Alaska LNG export project”, AGDC spokesperson Tim Fitzpatrick told Rigzone.
Gas Price Adjustment
To lessen the upstream cost burden on Pantheon, the GSPA allows the base price of the gas that Pantheon would supply Alaska LNG to be reduced if state authorities lower financing repayment costs “and/or enable other commercial opportunities”, the joint statement said.
“Furthermore, securing financing for Phase 1 of Alaska LNG could potentially increase commercial alignment for the complete project and thus potentially provide additional demand for Pantheon’s associated natural gas above the initial 500 mmcfd plateau”, the statement added.
“The GSPA potentially opens up additional funding pathways for the Alaska LNG Project and the Ahpun field development activities. This may relieve Pantheon of the need for equity dilution following FID, in line with the Company’s guidance to secure the path of least value dilution for existing shareholders”.
Court Battle
While the GSPA marked a milestone, a suit has been filed by environmental watchdogs, taking issue with the route of the pipeline.
The Center for Biological Diversity and Sierra Club on May 30 sued federal fisheries authorities alleging that their biological opinions had failed to fully examine the harms posed by Alaska LNG to wildlife species.
The petition for review filed before the United States Court of Appeals for the Ninth Circuit seeks to throw out the opinions of the Fish and Wildlife Service (FWS) and the National Marine Fisheries Service (NOAA Fisheries). The opinions issued by the fisheries authorities “violate the Endangered Species Act by not fully examining and mitigating the project’s harms to polar bears, Cook Inlet beluga whales and North Pacific right whales”, the plaintiffs said in a joint statement.
“The pipeline would connect drilling operations on the North Slope to an export terminal on Cook Inlet and bring tanker ships through the habitat of endangered Cook Inlet beluga whales and North Pacific right whales”, the Center for Biological Diversity and Sierra Club said in their statement. “The Federal Energy Regulatory Commission estimates the project would increase large vessel traffic in the inlet by up to nearly 75 percent.
“Cook Inlet beluga whales are critically endangered. The population has declined more than 75 percent since 1970, and scientists believe their recovery is hindered by noise pollution and the cumulative harm of multiple, human-caused stressors.
“The eastern North Pacific right whale population ranges from the Bering Sea to Baja California and is down to only about 30 individuals. With few reproducing females, the population is at extreme risk of imminent extinction”.
Named as defendants are the FWS; Interior Secretary Deb Haaland, whose department oversees the FWS; NOAA Fisheries; and Commerce Secretary Gina Raimondo, whose department oversees NOAA Fisheries.
AGDC rejected the suit’s claims. “Alaska LNG has withstood intensive environmental scrutiny by two successive administrations because of its obvious and abundant benefits, which include reducing global emissions by up to 2.3 billion tons, strengthening allied energy security, and finally ending longstanding air quality problems plaguing Interior Alaska villages and communities”, Fitzpatrick said in a statement to Rigzone.
The Interior Department and the FWS declined to comment. NOAA Fisheries said it could not comment on litigations.
To contact the author, email jov.onsat@rigzone.com
Alaska
Sand Point teen found 3 days after going missing in lake
SAND POINT, Alaska (KTUU) – A teenage boy who was last seen Monday when the canoe he was in tipped over has been found by a dive team in a lake near Sand Point, according to a person familiar with the situation.
Alaska’s News Source confirmed with the person, who is close to the search efforts, that the dive team found 15-year-old Kaipo Kaminanga deceased Thursday in Red Cove Lake, located a short drive from the town of Sand Point on the Aleutian Island chain.
Kaminanga was last seen canoeing with three other friends on Monday when the boat tipped over.
A search and rescue operation ensued shortly after.
Alaska Dive Search Rescue and Recovery Team posted on Facebook Thursday night that they were able to “locate and recover” Kaminanga at around 5 p.m. Thursday.
“We are glad we could bring closure to his family, friends and community,” the post said.
This is a breaking news story and will be updated when more details become available.
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Copyright 2026 KTUU. All rights reserved.
Alaska
Opinion: Homework for Alaska: Sales tax or income tax?
This is a tax tutorial for gubernatorial candidates, for legislators who will report to work next year and for the Alaska public.
Think of it as homework, with more than eight months to complete the assignment that is not due until the November election. The homework is intended to inform, not settle the debate over a state sales tax or state income tax — or neither, which is the preferred option for many Alaskans.
But for those Alaskans willing to consider a tax as a personal responsibility to help fund schools, roads, public safety, child care, state troopers, prisons, foster care and everything else necessary for healthy and productive lives, someday they will need to decide on a state income tax or a state sales tax after they accept the checkbook reality that oil and Permanent Fund earnings are not enough.
This homework assignment is intended to get people thinking with facts, not emotions. Electing the right candidates will be the first test.
Alaskans have until the next election because nothing will change this year. It will take a new political alignment led by a reality-based governor to organize support in the Legislature and among the public.
But next year, maybe, with the right elected leadership, Alaskans can debate a state sales tax or personal income tax. Plus, of course, corporate taxes and oil production taxes, but those are for another school day.
One of the biggest arguments in favor of a state sales tax is that visitors would pay it. Yes, they would, but not as much as many Alaskans think.
Air travel is exempt from sales taxes. So are cruise ship tickets. That’s federal law, which means much of what tourists spend on their Alaska vacation is beyond the reach of a state sales tax.
Cutting further into potential revenues, state and federal law exempts flightseeing tours from sales tax, which is a particularly costly exemption when you think about how much visitors spend on airplane and helicopter tours.
That leaves sales tax supporters collecting from tourists on T-shirts, gifts for grandchildren, artwork, postcards, hotels, Airbnb, car rentals and restaurant meals. Still a substantial take for taxes, but far short of total tourism spending.
An argument against a state sales tax is that more than 100 cities and boroughs already depend on local sales taxes to pay for schools and other public services. Try to imagine what a state tax piled on top of a local tax would do to kill shopping in Homer, already at 7.85%, or Kodiak, Wrangell and Cordova, all at 7%, and all the other municipalities.
Supporters of an income tax say it would share the responsibility burden with nonresidents who earn income in Alaska and then return home to spend their money.
Almost one in four workers in Alaska in 2024 were nonresidents, as reported by the state Department of Labor in January. That doesn’t include federal employees, active-duty military or self-employed people.
Nonresidents earned roughly $3.8 billion, or about 17% of every dollar covered in the report.
However, many of those nonresident workers are lower-wage and seasonal, employed in the seafood processing and tourism industries, unlikely to pay much in income taxes. But a tax could be structured so that they pay something, which is fair.
Meanwhile, higher-wage workers in oil and gas, mining, construction and airlines (freight and passenger service) would pay taxes on their income earned in Alaska, which also is fair.
It comes down to what would direct more of the tax burden to nonresidents: a tax on income or on visitor spending. Wages or wasabi-crusted salmon dinners.
Larry Persily is a longtime Alaska journalist, with breaks for federal, state and municipal public policy work in Alaska and Washington, D.C. He lives in Anchorage and is publisher of the Wrangell Sentinel weekly newspaper.
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Alaska
Nome brothers summit Mt. Kilimanjaro, carry Alaska flag to third major peak
ANCHORAGE, Alaska (KTUU) – Two brothers from Nome recently stood at the summit of Mount Kilimanjaro in Africa, planting an Alaska flag at 19,000 feet above the African plains.
The Hoogendorns completed the seven-day climb — five and a half days up and a day and a half down — trekking through rainforest, desert, and alpine terrain before reaching snow near the summit. The climb marks their third of the world’s seven summits.
Night hike to the top
The brothers began their final summit push at midnight, hiking through the night to reach the top by dawn.
“It was almost like a dream,” Oliver said. “Because we hiked through the night. We started the summit hike at midnight when you’re supposed to be sleeping. So, it was kind of like, not mind boggling, but disorienting. Because you’re hiking all night, but then you get to the top and you can finally see. It’s totally different from what you’d expect.”
At the summit, temperatures hovered around 10 degrees — a familiar range for the Nome brothers. Their guides repeatedly urged them to put on jackets, but the brothers declined.
“We got to the crater, and it was dark out and then it started getting brighter out,” Wilson said. “And then you could slowly see the crater like illuminating and it’s huge. It’s like 3 miles across or something. Like you could fly a plane down on the crater and be circles if you want to. Really dramatic view.”
A team of 17 for two climbers
Unlike their previous expeditions, the brothers were supported by a crew of 17 — including porters, a cook, guides, a summit assistant, and a tent setup crew.
The experience deviated from their earlier climbs, where they carried their own food, melted snow for water, and navigated routes independently.
“I felt spoiled,” Wilson said. “I was like, man, the next mountain’s gonna be kind of hard after being spoiled.”
Alaska flag on every summit
Oliver carried the same full-size Alaska flag on all three of his major summits, including in South America and Denali in North America, despite the added weight in his pack.
“I take it everywhere these days,” Oliver said. “It’s always cool to bring it out. And then people ask, you know, ‘where’s that flag from?’ Say Alaska.”
When asked about his motivation for the expeditions, Wilson said “I guess to like inspire other people. Because it seems like a lot of people think they can’t do something, but if you just try it, you probably won’t do good the first time, but second time you’ll do better. Because you just got to try it out. Believe in yourself.”
Background and next goals
The Hoogendorns won the reality competition series “Race to Survive: Alaska” in 2023. In 2019, they were the first to climb Mount McKinley and ski down that season. Oliver also started a biking trip from the tip of South America to Prudhoe Bay with hopes of still completing it.
Kilimanjaro is their third summit. The brothers said they hope to eventually complete all seven summits, with Mount Vinson in Antarctica among the peaks they are considering next… all while taking Alaska with them every step of the way.
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