By SUZANNE DOWNING
Feb. 26, 2026 – Glenfarne Group’s Alaska subsidiary announced Wednesday that it has signed a Letter of Intent with TotalEnergies for the offtake of 2 million tonnes per annum of liquefied natural gas from the Alaska LNG project, marking another step forward for the long-proposed export venture.
The agreement was signed in Washington, DC, in a ceremony witnessed by US Sen. Dan Sullivan and Congressman Nick Begich, underscoring the federal delegation’s support for the project. Sen. Murkowski was not present at the signing.
Glenfarne CEO and founder Brendan Duval called TotalEnergies “one of the most sophisticated LNG market participants in the world,” saying Alaska LNG’s Pacific orientation complements the company’s global supply strategy and offers Asian customers direct access to U.S. natural gas.
“Today’s announcement by TotalEnergies marks an important milestone in the progression of Alaska’s transformative natural gas pipeline. Total Energies represents roughly 10% of global LNG throughput and their commitment demonstrates the global interest in Alaska’s important critical resource base,” said Congressman Nick Begich. “Relationships like these strengthen America’s allied relationships while supporting job creation, economic development, and affordability right here at home. I have said for some time, the road to America’s resurgence begins in Alaska and today’s announcement shows the world is recognizing that is true.”
Patrick Pouyanné, chairman and CEO of TotalEnergies, said the Alaska project is “very well geographically positioned” to serve Asian markets and aligns with the company’s goal of strengthening its role as a leading buyer of US LNG while diversifying supply sources. He noted that TotalEnergies was the top exporter of U.S. LNG in 2025, handling 19 million tonnes — about 18% of total U.S. production.
Glenfarne has stated it intends to contract 80%, or 16 MTPA, of the project’s planned 20 MTPA export capacity to secure financing. With the TotalEnergies agreement, the company says it now has 13 MTPA accounted for under preliminary long-term agreements with major Asian buyers, including JERA, Tokyo Gas, CPC, PTT, and POSCO.
The Alaska LNG project consists of an 807-mile, 42-inch pipeline designed to transport natural gas from the North Slope to Southcentral Alaska, meeting in-state demand while supplying a liquefaction facility for export.
Glenfarne is advancing the project in two financially independent phases. Phase One would focus on constructing the domestic pipeline to deliver gas to Alaskans. Phase Two would add LNG export infrastructure.
Engineering firm Worley Limited completed primary Front-End Engineering and Design work on the pipeline at the end of 2025 and has been provisionally named to provide engineering, procurement, and construction management services for the mainline.
Breaking: Glenfarne seeks approval from FERC for early start on Alaska LNG
Alaska LNG has gas sales precedent agreements in place with North Slope producers including ExxonMobil, Hilcorp, and Great Bear Pantheon. The project also holds Letters of Intent to supply natural gas to ENSTAR Natural Gas, Alaska’s largest gas utility, and Donlin Gold Mine, one of the world’s largest undeveloped gold deposits.
Glenfarne owns 75% of the Alaska LNG project. The State of Alaska, through the Alaska Gasline Development Corporation, retains a 25% ownership stake.
If fully realized, the project would represent one of the largest private infrastructure investments in state history and could reshape Alaska’s long-term energy landscape — providing a new in-state gas supply while opening a direct export corridor to Pacific markets.
Glenfarne partners with Danaos to advance Alaska LNG shipping, commits $50 million to project
5 thoughts on “TotalEnergies signs LNG offtake deal with Alaska LNG under preliminary agreement”
Wow! I wish I could be in that kind of company, along with Dan and Nicholas.
Instead, I’m always in the company of losers, degenerates, homosexuals, and TDS patients.
Same, Tom. We hooked-up with complete loser Democrats and we’re paying for it.
Interesting to note who is not in the photo: No Lisa. No democrats. Nobody from the legislative majority caucuses. All the Usual Suspects are ignoring a customer for Alaska natural resources. Cute. Cheers –
I sure hope I am wrong about all of this but we have had nearly a half-century of “heads of agreement”, studies, pledges, press releases, organization charts with boxes, line, arrows and colors, engineering plans and estimates. The late Wally Hickel built multiple campaigns for governor around the gas line. We even had a contract with a (probably crooked) Canadian firm that cost Alaskans hundreds of millions of dollars. Bill Walker tried to give our resources and wealth to Communist China. Now we have the Australians promoting, announcing and hyping.
Wake me up when someone moves dirt or delivers steel.
There are two complete surveys from the gas fields on the North Slope to Valdez on the same developed corridor as the oil pipe is today with the estimate cost of one third the cost of the above article. The end of the pipe would be set in an international shipping port already developed and designated as National Security shipping for commercial passage. The port is ready and built without the problems of the other plan which angles into more primitive and easily destroys miles of National parks and river areas with the potential of more harm to navigable waters in commercial and sport fishing areas of the Inlet. You haven’t seen the major oil companies hop in because of the faulty preplanning and marketing of the present presentation and pretentious conversations of letters of purchasing the end gas products. No good planning for the Alaskans choice is presented. Only a few of those companies whose backgrounds are questionable and have a long history of bankruptcy and solvency.
These companies and other leaders refuse to look at the gas line surveys that have been shelved due to a quicker and more constructive line with less cost and a savings to the state and companies who would build it. When you see the big companies like ExxonMobil and ConocoPhillips hang back, then you know there is a problem the public is shielded from and they don’t want anyone to know. We a long over due to have the gas line looked at down the oil pipe corridor and save billions in construction and no more destruction to the environment.