The Alaska LNG project reached a key milestone with the announcement of definitive agreements between Glenfarne Alaska LNG, LLC, the project’s main developer, and Baker Hughes, an energy technology company. As part of this alliance, Baker Hughes will supply the main refrigerant compressors for the liquefied natural gas (LNG) terminal and power generation equipment for the gas treatment plant on the North Slope. The company has also committed to making a strategic investment in the project.
Industrial cooperation on compression equipment
This partnership confirms Baker Hughes’ central role in providing compression technologies across the Alaska LNG supply chain. Baker Hughes Chairman and Chief Executive Officer Lorenzo Simonelli stated the company is committed to supporting the global LNG supply through its proven technological solutions. Glenfarne Chief Executive Officer Brendan Duval welcomed Baker Hughes’ technical leadership and its ability to support a large-scale strategic project.
The collaboration is backed at the highest levels of the U.S. administration. Secretary of the Interior and Chairman of the National Energy Dominance Council Doug Burgum highlighted the geopolitical importance of American LNG, stating that this partnership strengthens U.S. energy independence. U.S. Energy Secretary Chris Wright described Alaska LNG as a historic energy project for the country and its allies.
Two-phase execution to accelerate commissioning
Glenfarne is developing the project in two financially independent phases. The first phase includes construction of an 807-mile, 42-inch pipeline connecting the North Slope to Alaska’s domestic markets. Engineering studies and final cost assessments, carried out by Worley, are expected in December ahead of a final investment decision (FID).
The second phase includes construction of the LNG export terminal with a capacity of 20 million tonnes per annum (MTPA), with an FID expected by the end of 2026. Glenfarne has already secured preliminary commercial commitments representing over 60% of the terminal’s capacity, including deals with major buyers in Japan, South Korea, Taiwan, and Thailand.
Integrated North American LNG strategy
Since taking over the project in March, Glenfarne has continued to integrate its North American LNG assets. The group’s permitted portfolio now totals 32.8 MTPA of capacity across projects in Alaska, Texas, and Louisiana. Baker Hughes is also set to supply compression equipment for Glenfarne’s Texas LNG project.
The partnership with Baker Hughes strengthens Alaska LNG’s technical and commercial credibility on the international stage. Through structured commitments and phased execution, Glenfarne aims to secure the value chain of U.S. natural gas towards high-demand Asian markets.
