Alaska
Private company takes over feasibility assessment and development of $44 billion Alaska LNG project

The long-struggling, $44 billion Alaska LNG project has landed a private partner that will take over majority ownership of the company that seeks to deliver natural gas from the North Slope to Alaskans and the world.
The Glenfarne Group will also lead development of the project to construction and operation after the board of the Alaska Gasline Development Corp. on Thursday agreed to a binding deal with the company, according to a statement from AGDC, a state agency.
“Glenfarne’s financial, project management, and commercial expertise is well matched to lead this vital project forward,” said Brendan Duval, Glenfarne’s founder. “Alaska LNG will provide desperately needed energy security and natural gas cost savings for Alaskans and give Glenfarne unmatched flexibility to simultaneously serve LNG markets in both Asia and Europe through our three LNG projects.”
The change in ownership is significant in part because the state corporation has run the project on its own for nearly a decade, after the major oil companies that were its original partners backed out in 2016.
Glenfarne, founded in 2011, is a New York company that develops, owns and operates energy and infrastructure projects. The company is the developer, owner and operator of Texas LNG, the most recent U.S. LNG project to fully sell its LNG volumes with a total market value over $60 billion, its founder Brendan Duval said in February.
“Alaska LNG will ensure a brighter future for generations of Alaskans and I look forward to working with Glenfarne as they lead Alaska LNG forward,” said Frank Richards, president of the AGDC.
“Today is a historic day for Alaska,” Gov. Mike Dunleavy said. “Alaska LNG will strengthen the U.S. geostrategic position in the North Pacific, provide vital energy security for our residents, our military bases, our businesses, and our Asian allies, and unlock billions in economic benefit at home and abroad.”
The project has seen renewed interest from Asian companies that might serve as investors or gas buyers, and President Donald Trump has touted the pipeline as a key project he’d like to see built.
Trump said in his speech to Congress this month that his administration is working on a “gigantic” natural gas pipeline, referring to Alaska LNG. The project’s gas exports to Asia could be so large that they could help alleviate trade imbalances.
The state gas line corporation declined to release the contract with Glenfarne.
The project envisions development of a roughly 800-mile pipeline delivering natural gas from the North Slope. The gas would be processed at a treatment plant on the North Slope and liquefied in Nikiski on the Kenai Peninsula, then exported to Asian markets in oceangoing tankers.
Richards told the gasline board on Thursday that the deal calls for Glenfarne to assume 75% equity of 8 Star Alaska, the state agency’s project development company. The state gas line agency will hold the remaining ownership.
The state has the option to invest in individual facilities such as the gas treatment plant, he said.
“We’ve reserved the right for investment, for the state, of up to 25% in any of the subprojects or all,” Richards said. “And that will be an ongoing discussion with the Legislature and the administration on if that is an opportunity they would like to take or not.”
Glenfarne will cover the costs of the engineering and design work that needs to be completed before a final decision to build the project is made. Duval said the money will come from a consortium of private investors, but a federal loan guarantee could help support that effort, he said.
“They will fund and resource the Alaskan LNG project to final investment decision,” Richards said. “This covers the entire Alaska LNG project, and not just the initial phase of the pipeline.”
Duval said it’s possible a final investment decision could be made by the end of this year. LNG deliveries could begin in 2030 or 2031, he said.
It is unclear what investors, if any, would provide the large sums of money for construction of the project.
It’s also unclear where the natural gas would come from. The agency has signed a deal with a small oil and gas explorer in Alaska in an effort to provide gas for the first phase. Great Bear Pantheon, however, currently does not produce oil or gas. There’s no guarantee it will produce gas in Alaska.
Richards said the gas line agency is working on securing gas sales precedent agreements with other producers, including for gas at the Point Thomson and Prudhoe Bay fields.
Richards said the agreement with Glenfarne covers the entire Alaska LNG project, and not just the initial phase of the pipeline. “So gas treatment, pipeline and liquefaction (plant). But the priority is going to be the phase-one pipeline and gas for Alaskans,” Richards said.
The first phase of the project has been estimated to cost $11 billion. It calls for the construction of a 750-mile pipeline to deliver the gas from the North Slope to the Interior and Southcentral Alaska, where electric utilities are looking at importing natural gas as Cook Inlet gas dwindles.
After the first-phase construction, the larger project to export the gas can be built, according to the plan. That portion of the project includes the construction of a liquefaction facility.
Richards said he was calling into the meeting from Asia. He said he was on a trade mission with Glenfarne and Gov. Dunleavy to Asian countries, looking for companies that might commit to buying Alaska’s gas or investing in the project.
This is a developing story. Check back for updates.

Alaska
Should Alaska Airlines Introduce A New Livery For Its Mainline Fleet To Include Hawaiian Airlines?

Alaska Airlines’ existing mainline fleet livery has received numerous redesigns over the years, with the latest major redesign in 2016. This redesign sought to bring the brand into the modern era while at the same time respecting its heritage. The most obvious changes involved streamlining the Eskimo logo and polishing the “Alaska” wordmark. But with the recent acquisition of Hawaiian Airlines and the introduction of Boeing 787 Dreamliners to its fleet, could it be time for a new livery that reflects Alaska’s future ambitions as an international carrier?
As part of its purchase of Hawaiian Airlines, Alaska Airlines is now qualified for access to Hawaiian’s fleet of Boeing 787-9 Dreamliners. The planes will significantly improve Alaska’s long-haul international flights with improved fuel efficiency and longer range. With the growing need for air travel between borders, thi
Alaska
Opinion: Stop self-sabotaging Alaska’s opportunity of a lifetime
In the halls of the Alaska State Legislature, a recent resolution has sparked debate — not for its substance, but for its intent.
Seemingly a gesture of goodwill toward Canada, it’s actually a deliberate jab at President Donald Trump. This is no grand geopolitical strategy; it’s simply a poke in the eye.
Most legislators have little background or global experience to wade into strategic battles beyond our state’s borders. As someone who has served all over the world in the military and as an airline pilot, including alongside our Canadian comrades in arms, I can say with certainty: Alaskans and Canadians don’t need a resolution to affirm their mutual respect for each other. The only message this resolution sends is one of political shade. It’s a game the Alaska Senate should refuse to play.
This distraction comes at a pivotal moment. President Trump, from day one, has signaled a commitment to unleashing Alaska’s vast energy and resource potential — a stark contrast to the Biden Administration, which issued 70 executive orders stifling our state’s development. Where the Biden Administration treated Alaska like a colonial outpost, Trump sees our oil, gas, timber, minerals and other rich resources as national assets. His reversal of policies that smothered Alaska offers a lifeline to a state looking to stand on its own.
Our private sector is weak. We’ve relied on oil and gas, an industry which helped build Alaska and kept us afloat. However, it is always volatile.
Most of the money for the budget we spend every year comes from the federal government. It’s not free money because most of us pay income taxes.
Alaska gets a lot more money from the federal government than we put into it because we’re so small. We have a small population by size compared to our landmass, which is more than twice the size of the next largest state. We have a lot of far-flung infrastructure to maintain. With so few people, there is no realistic way for us to pay for this without help if we continue to support every corner of Alaska.
When most of our budget flows from Washington, D.C., this binds us to federal whims.
Can we wean ourselves off this dependency? Our population cannot shoulder the costs alone, and the state’s spending often defies fiscal sense.
Here’s an example: Alaska has a population of 740,133 people and includes 54 school districts. Our largest school district has shrinking enrollment, new buildings, while continuously threatening to cut programs and asking for significant increases in funding. The Legislature sets the purse strings, but local districts decide how to spend the money. As a result, we are stuck in a cycle of “just add money” without requiring improved accountability and better performance.
If a school district or borough struggles with funding priorities, that’s on those entities — not the Legislature. In fact, the state has spent so much in recent years that we are hundreds of millions of dollars behind being able to pay the state’s bills this year, and next year is worse. Many of the problems we are facing aren’t from a lack of spending money, even money we don’t have.
An unfortunate “scare” tactic school districts and other government agencies use is a phenomenon called the Washington Monument Syndrome. It’s a form of political extortion whereby an organization faced with budget reductions threatens to cut the most visible or appreciated service in order to spark public outcry. We, the Legislature, have little control over what those districts do beyond providing funding.
The real hope for Alaska lies in reclaiming our land and resources in order to maximize their potential for all — including the public and private sector. With Trump’s backing, we could manage more of our own territory — timber, fish, minerals and energy that’s the envy of most of the world — freeing us from federal dependency.
We all want to protect our pristine lands for future generations, but we also must have sustainable development to fund that future. Projects like these take years, and with oil prices shaky, the next few years may be bumpy. But 6 to 10 years from now, as pipelines, mines, energy projects and more come online, Alaska can boom. Our potential is vast, but it demands leaders who see beyond political stunts to a self-reliant future.
Sen. Mike Shower is a member of the Alaska Senate. He lives in Wasilla.
• • •
The views expressed here are the writer’s and are not necessarily endorsed by the Anchorage Daily News, which welcomes a broad range of viewpoints. To submit a piece for consideration, email commentary(at)adn.com. Send submissions shorter than 200 words to letters@adn.com or click here to submit via any web browser. Read our full guidelines for letters and commentaries here.
Alaska
In the Ring: Alaska Fighting Championship Celebrates 20th Anniversary

ANCHORAGE, Alaska (KTUU) -The Alaska Fighting Championship was held this weekend, marking the 20th anniversary of the sport in the state.
Sullivan Arena was electric as the fighters were introduced one at a time. There were six fights held in total through a variety of mediums. AMMY Muay Thai, MMA, and Bare-Knuckle Boxing were all represented at the professional level.
It was a sight to see as each fighter pushed themselves to the limit to take home the win. The second fight of the night was a Wasilla bout as Tim Watson in the Blue Corner took on Richard Strom the Third in the Red Corner. Both men from Wasilla were looking to take the victory home.
Richard Strom the Third has been competing in the sport for a while now, after being inspired by his brothers when he was young. Strom said the feeling of being in the cage is something else.
“Probably the biggest gentleman rush I’ve ever had in my life. Many, many years of training have come down to this moment,” AFC Fighter Richard Strom said.
In the cage, there isn’t a lot of time to think about your actions, and Strom says he wasn’t worried about the bout.
“I knew I can beat him on the feet no matter what. I’m gonna take no damage. I’m just gonna go in there and just take him out,” Strom said, referring to his plan.
With a victory under his belt Strom is looking to take his talents to the top.
“I see myself in the Octagon, I see myself in the UFC, I see myself a top 10 or top five UFC contender. I see myself training at American top team in Coconut Creek, Florida. That is exactly where I see myself,” Strom said.
See a spelling or grammar error? Report it to web@ktuu.com
Copyright 2025 KTUU. All rights reserved.
-
Movie Reviews1 week ago
Film Review: Rachel Zegler is the Best Part of an Otherwise Dull Remake of ‘Snow White’ – Awards Radar
-
News1 week ago
Shooting at Park in New Mexico Leaves at At Least 3 Dead and 16 Injured
-
Education1 week ago
ICE Tells a Cornell Student Activist to Turn Himself In
-
News6 days ago
Trump Is Trying to Gain More Power Over Elections. Is His Effort Legal?
-
News1 week ago
Washington Bends to RFK Jr.’s ‘MAHA’ Agenda on Measles, Baby Formula and French Fries
-
News1 week ago
Left-Wing Democrats Wait on AOC’s Decision as They Look to 2028 Election
-
News6 days ago
Companies Pull Back From Pride Events as Trump Targets D.E.I.
-
Technology1 week ago
Trump officials planned a military strike over Signal – with a magazine editor on the line