News Post
New Company planning a $12 billion LNG facility in southeast Alaska
A new entity named AlaskCan LNG has reportedly announced its intentions to build a $12 billion LNG liquefaction/export complex in the southeastern area of Alaska. This range is close to the border between Alaska and Canada, which is notable due to its proximity to Prince Rupert, British Columbia, where the project could access the natural gas from that area.
AlaskCan LNG is working to find a suitable site that would allow gas processing on a floating platform that would be attached to an island for eventual shipment to the Asian market. This facility has an expected capacity of 12 million tons per year (MMtpy) and could begin operations in the 2027-2028 timeframe.
Other nearby LNG projects have been slowly progressing in recent years, such as the Shell-led LNG Canada facility approximately 70 miles away in Kitimat, British Columbia with a capacity for 13 to 26 MMtpy capacity and the 18 MMtpy Woodside/Chevron Kitimat LNG project, where Chevron has announced its intention to exit its half of the project as of last month.
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