The US Federal Energy Regulatory Commission (FERC) has authorised the 20 Mt/year Alaska LNG project to liquefy gas and export it. The project is developed by Alaska Gasoline Development Corporation (AGDC), which signed an agreement with BP and ExxonMobil to move ahead with the US$43bn project in March 2019. The LNG plant would be located in Nikiski on the Kenai Peninsula and would tap gas resources in the North Slope thanks to a 1,300 km long gas pipeline connecting the Prudhoe Bay gas treatment complex (North Slope) to the LNG project.
The LNG plant would consist of three 6.7 Mt/year liquefaction trains able to produce 20 Mt/year (27 bcm/year) of LNG and production could start as early as 2024, with full operations in 2026. It could later be expanded to 26.7 Mt/year (36 bcm/year or 3.5 bcf/d).