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Alaska LNG Project

Sector: Natural Gas • Location: Juneau, Alaska, United States

Source: Juneau Independent

Project
Planned

The Alaska LNG Project is an 800-mile pipeline transporting natural gas from the North Slope to Southcentral Alaska, intended for in-state use and export. The project is majority owned by Glenfarne Group LLC (75%) with Alaska Gasline Development Corp. as minority owner. The latest official cost estimate is $44 billion. The project is moving into an execution phase but has not made a final investme

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The project “Alaska LNG Project” is an infrastructure initiative in the Natural Gas sector, located in Juneau, Alaska, United States. Taiyo aggregates data on it from Juneau Independent.

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planned

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Description

Description

The Alaska LNG Project is an 800-mile pipeline transporting natural gas from the North Slope to Southcentral Alaska, intended for in-state use and export. The project is majority owned by Glenfarne Group LLC (75%) with Alaska Gasline Development Corp. as minority owner. The latest official cost estimate is $44 billion. The project is moving into an execution phase but has not made a final investment decision yet. Governor Mike Dunleavy has proposed a bill for a massive tax cut to support the project, including exempting the pipeline from property taxes and imposing a tax on the volume of gas flowing through it, with the tax starting 10 years after gas flow begins or when daily flow reaches 1 billion cubic feet. The bill is under legislative review with hearings scheduled.

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Source reliability

High

Data quality score

100%

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URL

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