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

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Private company takes over feasibility assessment and development of  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.

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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.

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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.”

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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.

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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.

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This is a developing story. Check back for updates.





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Alaska

Alaska baseball exhibit launches state’s participation in America250

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Alaska baseball exhibit launches state’s participation in America250


The St. Paul baseball team, pictured Sept. 21, 1921. (Alaska State Library image)

Next year, cities and states across the nation will be honoring the American semiquincentennial, marking 250 years since the signing of the Declaration of Independence.

Each of the 50 states will have unique roles in the celebration and Alaska has already established a theme for its participation in America250: baseball.

State historian Katherine J. Ringsmuth and the Alaska Office of History and Archaeology have developed a traveling baseball exhibit, showcasing a uniquely Alaskan stitch in the American tapestry.

“Alaska’s Fields of Dreams: Baseball in America’s Far North” features nine panels — each representing an inning — that explore Alaska’s role in the national pastime.

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From the Knock Down and Skin ‘Em club of St. Paul Island to the game’s expansion north to Nome and the formation of the Alaska Baseball League, the exhibit covers more than 150 years of baseball in Alaska.

“Alaska’s Fields of Dreams: Baseball in America’s Far North” is a traveling exhibit that for America250Alaska, which is part of the American semiquincentennial celebration. (Chris Bieri / ADN)

Late last year, Gov. Mike Dunleavy signed Administrative Order 357, designating the Alaska Historical Commission as the state agency to coordinate with the national America250 organization and plan and coordinate events.

That put Ringsmuth and the commission, which is headed by Lt. Gov. Nancy Dahlstrom, into action to develop Alaska’s involvement.

And while some states will highlight their roles during early eras of America, Alaska has a relatively short history as part of the U.S. as the 49th state admitted. But as Alaska developed as an American territory even before statehood, baseball was a connection to the U.S.

“What we’re seeing by the 1910s, 1920s with the establishment of places like Anchorage, you see these places turning into real American towns,” Ringsmuth said. “And baseball is part of that agent that’s carrying those values.”

“Alaska’s Fields of Dreams: Baseball in America’s Far North” is a traveling exhibit that for America250Alaska, which is part of the American semiquincentennial celebration. (Chris Bieri / ADN)

Alaska’s history with baseball is diverse both geographically and in the makeup of its participants.

The exhibit documents the history of Alaska Native baseball and details games in Goodnews Bay in Western Alaska and in Nome, where miners used burlap bags as bases to play on the tundra. It also covers Alaska women who play the game, the arrival of Negro League’s great Satchel Paige in Alaska in 1965, and Midnight Sun games.

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The theme for Alaska’s involvement in the America250 is “History for Tomorrow,” and Ringsmuth said that look to the future is a nod at younger populations.

“I thought, let’s do something that makes our young people filled with optimism and (shows) that they can dream for tomorrow, and this can be the promise of tomorrow,” she said. “And I thought sports was a fantastic way to do that.”

The exhibit was shown at a number of places throughout the state over the summer. On Wednesday, the display will be at the Bear Tooth Theatrepub as part of the AK Sports Shorts storytelling event.

One of the seven speakers is Olga Zacharof of St. Paul, who will talk about the Knock Down and Skin ‘Em club, considered Alaska’s first baseball team.

Ringsmuth and Lorraine Henry with the Alaska Department of Natural Resources will also be on hand to talk to attendees about America250-Alaska during the intermission.

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The event starts at 6 p.m. and tickets are $20. A portion of the proceeds goes to the Healthy Futures Game Changer program, which “provides small grants to youth from low income families to remove barriers to participation in sports and recreation such as equipment, fees, and transportation costs,” according to its website.

A baseball team from Fairbanks plays against Nenana in June 1917. (Stephen Foster Collection via UAF collection)

Ringsmuth said the exhibit is a device to get people to learn about the history of baseball in Alaska and an entry into other America250-Alaska events and activities.

The state has big plans for the Week of Dreams — a weeklong tribute to the nation’s pastime culminating on July 4, 2026.

Plans for the week include youth games, legacy softball and Indigenous baseball games and celebrating the addition of Growden Memorial Ballpark in Fairbanks to the National Register of Historic Places.

It will also highlight the Knock Down and Skin ‘Em club, which was founded in 1868.

With the help of Anchorage coach and former pro player Jamar Hill, Ringsmuth connected with the Major League Baseball commissioner’s office, and the event will bring up former MLB players who are also ABL alumni for the Week of Dreams events.

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Even active MLB players like Aaron Judge, who was a former star for the Anchorage Glacier Pilots, could be involved via remote methods.

“Our office is talking about doing a story map we can (post) online,” Ringsmuth said. “You know, call us and we’ll record you. What’s your story of playing in Alaska? What’s your favorite memory?”

“We can still engage the players who are going to be a bit busy next summer.”





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Bartlett pulls out 3OT thriller, Dimond rides the storm: Alaska high school Week 5 roundup

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Bartlett pulls out 3OT thriller, Dimond rides the storm: Alaska high school Week 5 roundup


ANCHORAGE, Alaska (KTUU) – As the playoffs inch closer, each successive week of high school action carries more seeding implications and general importance – and one could tell as much from watching the slate of games this weekend.

Every team in the state was active this week except Seward in 9-man, giving plenty of opportunities for statement performances at every level.

Bartlett 12 – Service 6 (3OT)

Service played host to Bartlett looking to extend its record to 5-0, but couldn’t survive a chaotic, back-and-forth game that featured 12 combined turnovers and defensive dominance on both sides.

Golden Bears standout Deuce Alailefaleula notched a first-quarter interception and fell on an errant Service snap to tie the game at 6 late in regulation. After two overtime frames with no scoring, Bartlett back Colt Jardine plunged in for the walk-off touchdown on the first play of triple-OT.

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Dimond 25 – Colony 22

The Dimond Lynx invaded a wet and wild Pride Field to take on Colony, and weathered the storm by scoring 19 unanswered points to eke out their first win of the season.

Colony fans huddled underneath tents and umbrellas watched in horror as Dimond surged ahead on a late touchdown strike, before the Knights’ last-gasp drive ended in a sack.

Eagle River 14 – Palmer 31

Though it was a much tighter contest most of the way than the final score would indicate, Palmer’s high-powered offense continued to produce in a similarly rainy matchup with Eagle River.

Twenty-four unanswered Moose points helped Palmer extend its winning streak to four, and secured its first 4-1 start since 2013.

WEEK 5 HIGH SCHOOL FOOTBALL SCORES

Scores from this week’s Alaska high school football action.(KTUU)
Scores from this week's Alaska high school football action.
Scores from this week’s Alaska high school football action.(KTUU)
Scores from this week's Alaska high school football action.
Scores from this week’s Alaska high school football action.(KTUU)

See a spelling or grammar error? Report it to web@ktuu.com

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UPDATE: 911 outage continues in Anchorage

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UPDATE: 911 outage continues in Anchorage


ANCHORAGE, Alaska (KTUU) – The Anchorage Police Department said an outage continues to impact the Anchorage 911 system.

It continues to encourage people in Anchorage who need to use the service to dial 3-1-1 and select option one, or call (907) 786-8900 to connect with police.

ORIGINAL: Anchorage is experiencing a 911 and voice service outage, Alaska Communications told Alaska’s News Source Friday evening.

Alaska Communications spokesperson Heather Cavanaugh said disruption involves home and business landline service as well as 911 calls in Anchorage.

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Technicians are working to restore service, but there is no estimated time for when it will be back online, Cavanaugh said. The cause has not been identified, though crews are investigating the source.

“Technicians are still on site working to restore service as quickly as possible,” Cavanaugh said at about 9:40 p.m. Friday night.

Police urged residents to use alternative numbers to reach emergency dispatchers while the outage continues. Anchorage residents can dial 3-1-1 and select option one, or call (907) 786-8900 to connect with police.

Anchorage police first reported a statewide outage late Friday afternoon. Alaska Communications confirmed this evening that the issue is limited to the greater Anchorage area.

See a spelling or grammar error? Report it to web@ktuu.com

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