Overview

• Glenfarne said the letter of intent would supply JERA with 1 million tonnes of LNG per year on a free-on-board basis from the planned Nikiski, Alaska terminal.
• The developer is targeting a late-2025 final investment decision for the 807-mile pipeline and a 2026 decision for the export facilities after taking a 75% lead stake in March.
• Preliminary offtake agreements cover more than half of the project's available third-party capacity, including arrangements with Taiwan’s CPC and Thailand’s PTT that are being negotiated toward binding status.
• Japan has hired Wood Mackenzie to review the proposed pipeline and liquefaction plant as officials and executives assess the roughly $44 billion cost and competitiveness.
• Developers highlight Pacific shipping advantages and cite DOE NETL-based analysis for potential emissions benefits, though these are company assertions.