We’re helping Glenfarne Alaska LNG take the Alaska LNG Pipeline to financial investment decision (FID)

We’re working on additional engineering and a final cost estimate for the Alaska LNG Pipeline for Glenfarne Alaska LNG, LLC (“Glenfarne”), a subsidiary of Glenfarne Group, LLC, and majority owner and lead developer of Alaska LNG, a joint venture with the State of Alaska’s Alaska Gasline Development Corporation. Our work will utilize and supplement previously completed engineering and provide sufficient detail to achieve Financial Investment Decision (FID) for the Pipeline.

We’ve also been selected as the lead engineering firm for the Cook Inlet Gateway LNG import terminal and project delivery advisor to Glenfarne across the Alaska LNG projects.

“The declining gas production from Cook Inlet risks Alaska’s energy security, as well as U.S. national security and military readiness. Prioritizing the development and final investment decision of the pipeline is essential to solving the natural gas shortages which are already impacting the state,” said Brendan Duval, CEO and Founder of Glenfarne Group, LLC.

“Glenfarne is pushing Alaska LNG forward with expediency and engaging prospective strategic partners with the technical and industry expertise, financial strength, and market reach to help deliver the Alaska LNG project. We are particularly proud to expand our relationship with Worley to Alaska LNG from our existing partnership on the Texas LNG project. Worley is one of the world’s largest and most experienced engineering and project delivery firms with a long history of success in Alaska,” Duval added.

We’ve been supporting customers in Alaska for 60+ years, delivering engineering, logistics, procurement, fabrication and construction, operations and maintenance (O&M), and field services, including for many of the projects and operators on the North Slope.

“As a full project delivery company with our strong track record in Alaska and in supporting LNG projects, we’re honored Glenfarne has chosen Worley to help deliver the Alaska LNG project,” said Mark Trueman, President Americas, Worley. “Our specialist team is well placed to support Glenfarne in moving this vital project forward, improving energy security for Alaska and the world.”

“We’re looking forward to helping Glenfarne and their joint venture partners achieve FID for the pipeline,” Trueman added.

Glenfarne anticipates a FID on the Alaska LNG Pipeline in 2025.

About Alaska LNG Pipeline

The Alaska LNG Pipeline is an 807-mile 42-inch pipeline capable of transporting enough natural gas to meet both Alaska’s domestic needs and supply the full 20 million tonnes per annum (“MTPA”) Alaska LNG export facility. The pipeline will be constructed in two phases. Phase One will send natural gas approximately 765 miles from the North Slope to Anchorage. Phase Two adds compression equipment and approximately 42 miles of pipeline under Cook Inlet to the Alaska LNG Export Facility in Nikiski and will be constructed concurrently with the LNG export facility.

About Worley Limited

Worley is a leading global professional services company of energy, chemicals and resources experts. With around 50,000 employees in 45 countries, we partner with customers to deliver projects and create value over the life of their assets. We’re bridging two worlds, moving towards more sustainable energy sources, while helping to provide the energy, chemicals and resources needed now.

About Glenfarne Group, LLC

Glenfarne Group is a privately held developer, owner, and operator of energy infrastructure assets based in New York, New York and Houston, Texas, with offices in Anchorage, Alaska; Panama City, Panama; Santiago, Chile; Bogota, Colombia; Barcelona, Spain; and Seoul, South Korea. Through its subsidiaries, Glenfarne owns and operates 50 energy infrastructure assets through three core businesses: Global LNG Solutions, Grid Stability, and Renewables. The company’s seasoned executives, asset managers, and operators develop, acquire, manage, and operate energy infrastructure assets throughout North and South America.