Glenfarne Announces Major Phase One Alaska LNG Milestones, with Construction, Line Pipe Supply, and In-State Gas Agreements [Yahoo! Finance]
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Source: Yahoo! Finance
developer of the Alaska LNG Project, today announced a series of major advances that move Phase One of the Alaska LNG Project from development into early execution – focused on rapidly delivering reliable, affordable natural gas to Alaskans. Glenfarne Chief Executive Officer and Founder Brendan Duval said, "This is about progressing from planning to building. By aligning construction, pipe supply, gas supply, and in-state customers, we are advancing Alaska LNG in a concrete way that is practical, financeable, and focused on delivering real benefits to Alaskans. Glenfarne and the many companies involved in today's announcements have dedicated significant time, resources, and expertise as we simultaneously and rapidly progress so many different aspects of the project." Alaska LNG is being developed through the entity 8 Star Alaska LLC, which is 75% owned by Glenfarne and 25% owned by the State of Alaska through the Alaska Gasline Development Corporation. Glenfarne is developing Al
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