TotalEnergies seals 20-year LNG deal with Alaska project developer
By: ICN Bureau
Last updated : March 03, 2026 8:56 pm
The Alaska LNG project is set to deliver a total capacity of 20 mtpa
Global energy giant TotalEnergies has signed a preliminary agreement with Glenfarne, the lead developer of the Alaska LNG project, securing a long-term offtake of 2 million tons per year (mtpa) of liquefied natural gas (LNG) over 20 years, pending the project’s final investment decision.
The Alaska LNG project, the only federally authorized LNG export terminal on the U.S. Pacific coast, is set to deliver a total capacity of 20 mtpa. Its direct access to Asia positions it as a strategic hub to strengthen transpacific energy ties and meet rising Asian demand.
"We look forward to offtaking LNG from Glenfarne’s Alaska LNG project. 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 U.S. LNG, while diversifying its supply sources.
"TotalEnergies is indeed very proud to have been the number one exporter of U.S. LNG in 2025 with 19 Mt representing 18% of the whole U.S. production, out of which 14 mt for Europe,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies.
Glenfarne’s CEO Brendan Duval highlighted the strategic value of the partnership: “TotalEnergies is one of the most sophisticated LNG market participants in the world. Alaska LNG offers a unique Pacific orientation that complements TotalEnergies’ supply strategy and provides Asian customers with direct access to U.S. gas. We are proud to add another partner of their caliber to the project.”
Backed by strong political and institutional support, the Alaska LNG project aims to leverage its Pacific Coast location for logistical flexibility and competitiveness, positioning itself as a major gateway for U.S. LNG to Asia.