English 
Glenfarne Alaska LNG, LLC (Glenfarne) and Tokyo Gas Co., Ltd. have agreed on a Letter of Intent to buy one million tonnes per year of liquefied natural gas from the Alaska LNG project, which Glenfarne largely owns and is developing. Tokyo Gas is one of Japan’s biggest and most experienced energy companies, known around the world for its work in LNG and energy innovation.
This LOI further accelerates Glenfarne’s progress on the 20 MTPA Alaska LNG project, the only federally authorized export terminal on the U.S. Pacific Coast. Since assuming lead developer status in March 2025, Glenfarne has secured preliminary offtake agreements with major LNG buyers across Japan, Korea, Taiwan, and Thailand, including JERA, POSCO, CPC, and PTT, totaling 11 MTPA of the 16 MTPA Glenfarne anticipates contracting ahead of financial close.
Alongside the growing portfolio of offtake partners, Worley is finalizing engineering and cost validation for the project’s 807-mile pipeline.
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Alaska LNG features a 42-inch diameter pipeline transporting natural gas from Alaska’s North Slope to meet domestic demand while producing 20 MTPA of LNG for export. The project is being developed in two financially independent phases to accelerate execution. Phase One focuses on the domestic pipeline, delivering gas roughly 765 miles to the Anchorage region. Phase Two will establish the LNG terminal and associated export infrastructure. The State of Alaska, through the Alaska Gasline Development Corporation, holds a 25% stake in Alaska LNG.
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