Tag

Alaska Lng

All articles tagged with #alaska lng

Trump-Linked Investor Pushes Russia Arctic LNG Deal in Alaska
world14 days ago

Trump-Linked Investor Pushes Russia Arctic LNG Deal in Alaska

A Texas investor with ties to Donald Trump is pursuing a first-known U.S. deal with Russia’s Novatek to develop Arctic LNG in Alaska, signaling a possible return of Russia to Western business despite sanctions. Beach says the plan is strictly business and not tied to peace talks; Novatek notes discussions but no confirmed participation. The effort is early and faces hurdles, while Trump has described Russia’s economic potential as a “tremendous opportunity” and most U.S. firms remain wary of returning to Russia.

Biden administration approves controversial energy projects despite climate concerns.
energy2 years ago

Biden administration approves controversial energy projects despite climate concerns.

The Biden administration has approved exports from the Alaska LNG project, which includes a natural gas treatment plant, 800 miles of pipeline, and a liquefaction facility in Southcentral Alaska. The project, estimated to cost $38.7 billion, is primarily aimed at exporting to Asian markets. Despite the approval, questions remain about the project's economic viability. Environmental groups have criticized the decision, saying it conflicts with the Biden administration's climate goals.

Biden Administration Approves Alaska Gas Exports Despite Climate Concerns.
energy2 years ago

Biden Administration Approves Alaska Gas Exports Despite Climate Concerns.

The Biden administration has approved exports of liquefied natural gas (LNG) from the Alaska LNG project, which could help the US compete with Russia to ship natural gas from the Arctic to Asia. The project, which is estimated to cost $39bn, includes a liquefaction facility on the Kenai Peninsula in southern Alaska and a proposed 807-mile pipeline to move gas stranded in northern Alaska across the state. The LNG would be exported mainly to countries in Asia. Environmental groups have opposed the project, calling it a "carbon bomb."

Biden's Approval of Alaska Gas Exports Sparks Climate Concerns
energy2 years ago

Biden's Approval of Alaska Gas Exports Sparks Climate Concerns

The Biden administration has approved exports of liquefied natural gas from the Alaska LNG project, a move criticized by environmental groups as another "carbon bomb". The project, which was first approved by the Trump administration, is expected to be operational by 2030. The Biden administration is trying to approve more US LNG exports as it competes with Russia, but critics say the Ukraine conflict is a "false justification" for a rush to natural gas. The approval of the project cleared the way for additional lawsuits seeking to stop the project.