Under the preliminary deal, TotalEnergies will buy 2 million tonnes per year (mtpa) of LNG over 20 years from Glenfarne’s unit and Alaska LNG developer, Glenfarne Alaska LNG, subject to the project’s final investment decision.
Patrick Pouyanne, chairman and CEO of TotalEnergies, said the Alaska LNG project is “indeed very well geographically positioned to better serve our Asian customers.”
“It also illustrates TotalEnergies’ ambition to consolidate its position as a leading buyer of US LNG, while diversifying its supply sources, he said.
Pouyanne noted that TotalEnergies has been the number one exporter of US LNG in 2025 with 19 Mt representing 18 percent of the whole US production, out of which 14 Mt for Europe.
TotalEnergies is one of the world’s largest LNG players.
Last year, the firm sold 43.9 million tonnes of LNG.
This marks a 10 percent rise compared to 39.8 million tonnes in 2024.
13 mtpa
Glenfarne said that it intends to contract 80 percent, or 16 mtpa, of Alaska LNG’s 20 mtpa volume to finance the project.
The company now has 13 mtpa accounted for under preliminary long-term agreements with TotalEnergies, Jera, Tokyo Gas, CPC, PTT, and Posco.
Moreover, Australian engineering firm Worley completed primary FEED work on the Alaska LNG pipeline at the end of 2025 and has been provisionally named to provide engineering, procurement, and construction management services for the Alaska LNG mainline.
Alaska LNG also has gas sales precedent agreements with North Slope natural gas producers including ExxonMobil, Hilcorp, and Great Bear Pantheon, and letters of intent to sell natural gas to Enstar Natural Gas, Alaska’s largest natural gas utility, and Donlin Gold Mine, one of the largest known undeveloped gold deposits in the world.
Alaska LNG consists of an 807-mile 42-inch pipeline to deliver natural gas from Alaska’s North Slope to meet Alaska’s domestic needs and produce 20 mtpa of LNG for export.
Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution.
Phase One includes the domestic pipeline to deliver natural gas to Alaskans, while Phase Two will add the infrastructure to export LNG.
Last year, Glenfarne signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.
Glenfarne owns 75 percent of Alaska LNG and the State of Alaska, through AGDC, owns 25 percent.
