Published: March 18, 2026 |

[Click image to enlarge]

[Click image to enlarge]

Glenfarne Group, majority owner and developer of the Alaska LNG project, and TotalEnergies have signed a letter of intent (LOI) for the offtake of two million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Alaska LNG. The agreement was signed in a ceremony in Washington, DC witnessed by U.S. Sen. Dan Sullivan and Congressman Nick Begich of Alaska.

“TotalEnergies is one of the most sophisticated LNG market participants in the world. Alaska LNG offers a unique Pacific orientation that complements TotalEnergies’ supply strategy and provides Asian customers with direct access to U.S. gas,” said Glenfarne Chief Executive Officer and Founder Brendan Duval.

“We are proud to add another partner of their caliber to the project,” added Duval.

“We look forward to offtaking LNG from Glenfarne’s Alaska LNG project. The Alaska LNG project is indeed very well geographically positioned to better serve our Asian customers. It also illustrates TotalEnergies’ ambition to consolidate its position as a leading buyer of U.S. LNG, while diversifying its supply sources,” said TotalEnergies Chairman and CEO Patrick Pouyanné.

Glenfarne intends to contract 80 percent, or 16 MTPA, of Alaska LNG’s 20 MTPA volume to finance the project and now has 13 MTPA accounted for under preliminary long-term agreements with Total Energies, JERA, Tokyo Gas, CPC, PTT, and POSCO.

Worley Limited completed primary FEED work on the Alaska LNG pipeline at the end of 2025 and has been provisionally named to provide engineering, procurement, and construction management services for the Alaska LNG mainline. Alaska LNG has gas sales precedent agreements with North Slope natural gas producers including ExxonMobil, Hilcorp, and Great Bear Pantheon, and letters of intent to sell natural gas to ENSTAR Natural Gas, Alaska’s largest natural gas utility, and Donlin Gold Mine, one of the largest known undeveloped gold deposits in the world.

Alaska LNG consists of an 807-mile 42-inch pipeline to deliver natural gas from Alaska’s North Slope to meet Alaska’s domestic needs and produce 20 MTPA of LNG for export. Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase one includes the domestic pipeline to deliver natural gas to Alaskans. Phase two will add the infrastructure to export LNG. Glenfarne owns 75 percent of Alaska LNG and the state of Alaska, through the Alaska Gasline Development Corporation, owns 25 percent.

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; Tokyo, Japan; and Seoul, South Korea. Through its subsidiaries, Glenfarne currently owns and operates over 60 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.

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Their more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable, and more sustainable. Active in about 120 countries. TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. TotalEnergies is the world’s third largest LNG player with a global portfolio of 40 Mt/y in 2024 thanks to its interests in liquefaction plants in all geographies. The company benefits from an integrated position across the LNG value chain, including production, transportation, access to more than 20 Mt/y of regasification capacity in Europe, trading, and LNG bunkering. TotalEnergies’ ambition is to increase the share of natural gas in its sales mix to close to 50 percent by 2030. TotalEnergies is deploying its integrated energy model across the United States, where it has been active since 1957. Since 2022, TotalEnergies has invested nearly $11 billion in the U.S. to accelerate development in oil, LNG, and low carbon electricity.

Be in-the-know when you’re on-the-go!

CLICK HERE to register your email address.

Copyright © 2026 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.

For licensing permission, .(JavaScript must be enabled to view this email address)