The Alaska LNG Project: Momentum & Milestones

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In this in-depth episode, host Ben Carpenter tackles the long-anticipated and often controversial Alaska LNG pipeline project—offering listeners an insider’s look at recent developments and reasons for renewed optimism. Drawing from his attendance at the Alaska Sustainable Energy Conference, Carpenter presents a compelling overview of a conversation between Governor Mike Dunleavy and Brendan Duvall, CEO of Glenfarne, the private company now spearheading the project.

The episode outlines Glenfarne's phased development plan for the pipeline, which includes:

Phase 1: A domestic gas pipeline from the North Slope to Anchorage.
Phase 2: Construction of a liquefaction plant in Nikiski.
Phase 3: A gas conditioning and carbon capture facility at Prudhoe Bay.

Duvall explains why the project is now seen as financially viable, citing advantages like lower shipping costs to Asia, abundant and cheap feed gas, engineering preparedness, and strong bipartisan political support. He also addresses concerns about cost overruns, emphasizing project finance discipline and extensive pre-construction planning to keep expenses under control.

Listeners will hear insights into the project’s ambitious timeline, with a final investment decision (FID) on the pipeline expected by the end of 2025 and on the liquefaction plant by the end of 2026. Full construction is projected to begin in 2027, with gas delivery targeted for 2029 and LNG exports by 2031.

Governor Dunleavy and Duvall also highlight the economic benefits for Alaska, including thousands of construction jobs and long-term energy security. Duvall closes with a high level of confidence in the project’s feasibility, backed by Glenfarne’s private capital commitment and global LNG experience.

The show offers a mix of technical detail, political context, and economic promise, painting a picture of a transformative infrastructure project finally nearing reality after decades of stalled dreams.

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