Alaska
Pantheon signs preliminary gas supply deal for Alaska LNG project
Great Bear Pantheon, a subsidiary of Pantheon Resources, has signed a gas sales precedent agreement (GSPA) with 8 Star Alaska, a subsidiary of AGDC.
This agreement outlines the commercial terms for a future binding contract for Pantheon to supply natural gas to the Alaska liquified natural gas (LNG) project.
The project, which is currently under development, aims to deliver gas within Alaska and export up to 20 million tonnes per annum of LNG.
AGDC’s Alaska LNG project is a federally authorised initiative that aims to provide natural gas to Alaska’s regions facing an energy crisis.
It is considering a phased approach, starting with the development of a pipeline from the North Slope to south-central Alaska.
This initial phase does not include an LNG plant, significantly reducing capital expenditure and construction time, with gas transportation possible by 2029.
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AGDC plans to commence front end engineering and design before a final investment decision around mid-2025.
The agreement between Pantheon and AGDC sets the stage for a 20-year supply of up to 500mcf/d from Pantheon’s Kodiak and Ahpun fields at a base price capped at $1 per million British thermal units.
The terms also include minimum daily volumes for the take-or-pay obligation. The potential for a lower gas price exists if both parties collaborate to reduce project financing costs.
The initial term of the GSPA extends to 30 June 2025 or until the definitive gas sales agreement is executed, with provisions for automatic annual renewals.
This agreement could lead to additional funding opportunities for both the Alaska LNG project and Pantheon’s field development activities.
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 south-central Alaska’s looming energy shortage as soon as 2029.”
Pantheon executive chairman David Hobbs said: “We are building a mutually beneficial long-term relationship with Alaska LNG and with the state, which seeks to supply much needed gas required for south-central Alaska’s energy needs, while at the same time realising the value from our total aggregate contingent resources exceeding 1.5 billion barrels of ANS blend and six trillion ft³ of natural gas.”
Governor Mike Dunleavy today announced the appointment of Stephen Cox as his new Counsel to the Governor. The appointment comes after the legislature’s decision to not confirm him as attorney general, despite his extensive legal and public policy experience and proven record of defending Alaska’s interests both at home and on the national level. Cox’s responsibilities will be to advise Governor Dunleavy on a wide range of legal, regulatory, and constitutional matters affecting the State of Alaska.
Governor Dunleavy also appointed Cori Mills acting attorney general for the Alaska Department of Law. Mills has been with the department for 14 years and most recently served as deputy attorney general.
“Stephen Cox has a strong understanding of Alaska law and the challenges facing our state,” said Governor Dunleavy. “His experience, professionalism, and commitment to public service make him a valuable asset as Counsel to the Governor. I look forward to working with Stephen as we continue advancing policies that strengthen Alaska’s economy, uphold the rule of law, and serve the people of our state.”
As Counsel to the Governor, Cox will continue to work closely with the Department of Law and other executive branch departments to provide counsel on policy initiatives, legislation, and executive actions.
“I am honored to serve Governor Dunleavy and the people of Alaska in this new role,” said Stephen Cox. “I look forward to continue supporting the administration’s efforts to promote responsible resource development, governance and opportunities for Alaskans across the state.”
Cox assumes his new role effective today.
Juneau blends towering glaciers, the Tongass National Forest and rich Indigenous culture.
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Juneau, Alaska, is the only U.S. state capital not accessible by road — a remoteness that adds to its magic and appeal.
Nestled between mountains, rainforest, and the waters of the Inside Passage, Juneau combines Alaska Native heritage, Gold Rush history, and some of the state’s most spectacular scenery.
Visitors can watch humpback whales surface offshore, ride a tram above downtown, stand face-to-face with or even on Mendenhall Glacier, a river of ice flowing from the vast Juneau Icefield. Surrounded by the Tongass National Forest — the world’s largest temperate rainforest — Juneau offers a quintessential Alaska experience where nature feels immense, and adventure begins just minutes from the cruise dock.
Why Juneau matters
Long before prospectors arrived in search of gold, the area now known as Juneau was home to the Áak’w Kwáan, whose name for this place — Áakʼw, often translated as “little lake” — reflects a deep connection to the surrounding land and water.
Russia later expanded into Alaska through the fur trade, bringing Orthodox missionaries, new trade networks, and profound cultural change to Indigenous communities across the region. Though Juneau rose to prominence during the Gold Rush and became the territorial capital after the United States purchased Alaska in 1867, the city still bears traces of both worlds.
As the nation approaches its 250th anniversary, Juneau offers visitors a richer understanding of America’s layered history — one that’s shaped by Native stewardship, Russian influence, and the enduring resilience of southeast Alaska’s Indigenous peoples.
What to see today
The star attraction is Mendenhall Glacier, a 13.6-mile-long glacier that descends from the Juneau Icefield into a turquoise lake.
Easy trails lead to roaring Nugget Falls, while boardwalks along Steep Creek offer chances to spot spawning salmon and black bears. Back downtown, colorful floatplanes skim the harbor and the Mount Roberts Tramway lifts visitors above the city for sweeping views of Gastineau Channel and the surrounding mountains.
Ask a local
One of Juneau’s most whimsical attractions is Glacier Gardens Rainforest Adventure, tucked into the Tongass rainforest just outside downtown.
Locals and visitors alike love the upside-down trees known as “Flower Towers” — massive spruce trunks planted root-side up, bursting with colorful blooms. The display is a unique (and accidental) creation of master gardener Steve Bowhay.
It’s an eccentric sight that feels uniquely Alaskan, blending lush rainforest scenery with a touch of horticultural imagination.
Plan your visit
Last Friday evening in Haines, there was only one place to be: The brand new Quick Shop, a shiny new building stocked with everything from ice cream and gun safes to an entire row of Xtratuf boots.
It seemed that much of town was packed into the building on the Haines’ waterfront — the store had just reopened after burning down more than a year ago.
The October 2024 fire destroyed a string of apartments and businesses including the convenience, liquor and sporting goods shop known collectively as the Quick Shop.
“It’s a big day for our town,” Haines Mayor Tom Morphet shouted from the checkout line that stretched through the store.
Minutes after opening, some 50 people were already in line, with dozens more milling about. Many kids’ arms were piled high with goodies.
Further back in the store, owner Mike Ward was busy scanning toilet paper amid the chaos. In between greeting customers, and accepting their congratulations, he said it’s been a long road to get here.
“It’s a relief to finally be open,” Ward said. “But we got a lot of work ahead of us, so it’s not that much of a relief.”
Ward said he aims to have the store fully stocked and in order by the fire’s two-year anniversary on Oct. 5. He added that he rebuilt as quickly as possible because he had heard a larger convenience chain was thinking about moving into Haines.
“So that’s one of the major reasons why I got aggressive, right?” he said. “I didn’t even think about taking the money.”
But the money part hasn’t been easy. Ward had insurance, but his policy didn’t come close to covering rebuilding costs – or the $1.8 million in inventory that also went up in flames.
“I got hosed,” he said. “I took a $2.5 million loss.”
The loss was felt in the community, too. Haines’ grocery stores close by 8 p.m. most days, and even earlier on Sundays. The Quick Shop is open until midnight.
“I feel like not having anywhere to get food late at night is pretty hard for people. So I feel like everyone’s pretty excited to have it back,” said local Ryan Irvin, who worked on the crew that built the facility.
He added that it’s cool – and somewhat novel – for the community to have a space that was actually built for its purpose.
“We’re always retrofitting old buildings, making them work. But this is actually designed for what we’re doing, what Mike’s doing, rather,” Irvin said.
Morphet, the mayor, echoed that point. He said the new store is a testament to Ward’s faith in Haines’ capacity to keep it open.
“We’re only 2,000, 2,500 people here, so it’s kind of a shot in the arm to town morale,” Morphet said. “People like the town to have nice stuff, and this is beautiful.”
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