By THE ALASKA STORY
Oct. 13, 2026 – The Alaska Gasline Development Corporation welcomed President Donald Trump’s remarks about the Alaska LNG Project during his Tuesday visit to Wasilla, saying international interest from South Korea and Taiwan is helping advance efforts to commercialize North Slope natural gas.
In a statement issued after the Oct. 13 rally, the state-owned corporation pointed to growing commercial momentum while outlining three requirements it intends to safeguard: gas for Alaska consumers, protection of state taxpayers, and continuity of the project’s assets and permits.
“AGDC remains fully focused on bringing the Alaska LNG Project to fruition,” said AGDC President Frank Richards.
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Richards credited Glenfarne, the project’s lead developer, with driving commercial and development work. He said AGDC is supporting the company’s engagement with international energy partners, the US Department of Commerce, and federal leadership.
“We are committed to collaborating across all levels of government and with international stakeholders to align commercial support and fulfill our core mission: delivering affordable, reliable energy to Alaskans,” Richards said.
AGDC said international commercial interest and commitments to purchase gas underscore the strategic importance of North Slope natural gas for domestic energy security and exports to Pacific Rim markets.
Board Chair Warren Christian said the corporation’s responsibility is to advance Alaska’s interests as the project takes shape.
“Our priority as a Board has always been to advance the interests of the State of Alaska by aggressively pursuing the commercialization of North Slope natural gas,” Christian said.
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He said interest from strategic foreign partners reinforces AGDC’s role as a public partner in developing potential project structures while preserving protections for Alaska communities.
The corporation identified three core requirements for those discussions:
- Gas for Alaskans: Preserve the Alaska Advantage Principles by securing rights to enough natural gas to meet Alaska’s energy needs now and for generations to come.
- Taxpayer protection: Maintain AGDC’s carried interest structure, which the corporation says is intended to insulate state taxpayers from financial liability.
- Project continuity: Maintain clear ownership and protection of critical project data, permits, and physical assets.
The statement places in-state gas delivery at the center of AGDC’s mission, even as international buyers and potential investors play a role in advancing the larger export project.
AGDC’s response did not announce a finalized investment agreement, financing package, or construction start date. It said work continues with Glenfarne, federal agencies, international allies, and regional stakeholders to move Alaska LNG toward final commercial structuring and construction.
