Baker Hughes to Supply Compressors, Invest in Glenfarne’s Alaska LNG Project
The project includes an 807-mile gas pipeline and 20 MMtpy LNG export terminal, marking a major step toward U.S. energy expansion.
(P&GJ) — Glenfarne Alaska LNG and Baker Hughes have entered into definitive agreements to advance the multibillion-dollar Alaska LNG project, the companies announced at a ceremony attended by U.S. officials on Nov. 10.
Under the agreements, Baker Hughes will supply the main refrigerant compressors for the planned LNG terminal and provide power generation equipment for the North Slope gas treatment plant. The company also committed to a strategic investment to support the project, which aims to deliver natural gas from Alaska’s North Slope to domestic and global markets.
“Baker Hughes is pleased to support Alaska LNG with our gas technology solutions,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “Natural gas and LNG provide secure, affordable, and reliable energy, and we look forward to continuing our collaboration with Glenfarne to bring lower-carbon natural gas from Alaska to the global market.”
“Baker Hughes is a welcome partner for Alaska LNG because of their leadership in LNG compression technology,” said Brendan Duval, CEO and founder of Glenfarne. “Their participation reflects Alaska LNG’s momentum and its ability to attract global partners to achieve national and state energy objectives.”
The ceremony was attended by U.S. Secretary of the Interior Doug Burgum and Energy Secretary Chris Wright, who called the project a cornerstone for U.S. energy security and global competitiveness. “By forging this strategic alliance and investment in the Alaska LNG Project, we're strengthening our nation's energy security while advancing a bold vision for U.S. energy independence and global competitiveness,” Burgum said.
Glenfarne is developing Alaska LNG in two phases. The first includes an 807-mile, 42-inch natural gas pipeline from the North Slope designed to serve Alaska’s domestic energy needs. Engineering work by Worley is expected to conclude by December, paving the way for a final investment decision. The second phase will add export infrastructure for 20 million tonnes per year (MMtpy) of LNG capacity, with a final investment decision targeted for late 2026.
Since assuming leadership of the project in March, Glenfarne has secured preliminary commitments from buyers in Japan, South Korea, Taiwan, and Thailand covering about 60% of Alaska LNG’s planned export volume, including recent deals with Tokyo Gas, JERA Co. Inc., and POSCO International Corporation.