Governor Dunleavy and developer outline phased Alaska LNG plan, target FID this year

Governor Mike Dunleavy and Glenfarn leadership told attendees at the Alaska Sustainable Energy Conference that the long‑studied Alaska LNG project will be developed in three phases and that the team is targeting a pipeline final investment decision (FID) and notice to proceed by December.

"We signed an agreement…The Glenda Farm would be the private lead," Dunleavy said, framing the project as one that leverages existing rights‑of‑way and prior engineering studies. Glenfarn CEO Bridal Duvall described Phase 1 as a domestic 42‑inch pipeline from the North Slope to Anchorage intended to secure Alaska's in‑state supply, with Phase 2 focused on liquefaction trains and Phase 3 on full volume and a major gas conditioning/carbon capture plant on the North Slope.

Duvall gave a schedule that aims to complete top‑up FEED work and financing through 2026, issue notice to proceed in December (Q4) of this year, begin pipe stockpiling and initial drops in 2027, pursue construction in 2027–2029 and deliver first commercial LNG cargoes to Asia around 2031. "The aim would be to issue notice to proceed on the LNG facility at the end of 2026," Duvall said.

The presentation emphasized a phased financing model so each phase can reach its own FID and attract independent sponsors. Duvall said the project will use a mix of contractor procurement, staged financing and partner off‑take commitments to reduce risk and keep schedules on track.

The governor and developer framed the timetable as ambitious but achievable given prior engineering, existing right‑of‑way and federal permit work. The session closed with the governor asking about confidence in delivery; Duvall replied that he had "put [his] name on it" and said he sees every reason the pipeline will be built.