Overview
- Baker Hughes will supply main refrigerant compressors for the Nikiski LNG terminal and power generation equipment for the North Slope gas treatment plant while taking a strategic investment stake.
- Glenfarne is advancing the project in two independent phases, beginning with an 807-mile, 42-inch pipeline before adding a liquefaction terminal sized for up to 20 MTPA of exports.
- Worley’s front-end engineering and design for the pipeline is due in December 2025, guiding a Phase One final investment decision targeted in 2026 and a terminal FID anticipated late 2026.
- Developers report roughly 11 MTPA in preliminary offtake commitments with buyers including Tokyo Gas, JERA, POSCO, CPC and PTT, which will need to convert to binding contracts to underpin financing.
- The roughly $44 billion development won public backing from Interior Secretary Doug Burgum and Energy Secretary Chris Wright at a Washington ceremony, while environmental groups criticize its expected emissions.