The Japanese natural gas provider Tokyo Gas has signed a Letter of Intent (LoI) with the US company Alaska Gasline Development Corporation (AGDC) to purchase volumes from the proposed US$40bn Alaska LNG project (United States). However, the details of the potential purchase are still under discussion.
Alaska LNG is a 20 Mt/year integrated LNG facility project comprising three liquefaction trains in south-central Alaska at Nikiski (US) along with a gas treatment plant on the North Slope of Alaska, a 1,287 km (800-mile) long gas pipeline and several interconnection facilities to connect the Prudhoe Bay gas treatment complex (North Slope) to the gas treatment plant (Kenai Peninsula), where it would be liquefied and shipped to Asia. The project is expected to start-up in 2023 with full operations in 2025. Estimates have put proven gas reserves on the North Slope at 35 bcf (991 bcm).