November 3, 2021

The proposed $43.4 billion, 20 MTPA Alaska LNG project from North Slope to Southcentral Alaska.

Proponent: Alaska Gasline Development Corporation (AGDC).

The Prudhoe Bay and Point Thomson fields are expected to produce 3.5 Bcf/d of gas.

2.6 Bcf/d (20.0 MTPA) – 3 Trains, Gas Treatment Plant (3.3 Bcf/d capacity) at Prudhoe Bay, 3 × 160,000 m3 Storage Tanks, and 800-mile 42-inch pipeline (3.3 Bcf/d capacity). Cost 45–65B USD.

The project received FERC authorization in Q2 2020 and Army Corps approval in Q4 2021.

US Government has provided a 30-year, US$25.6 Billion loan guarantee at 80-20 debt to equity which will reduce the cost of debt in increase project economics