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Glenfarne, POSCO International Announce Agreement to Enter Strategic Alaska LNG Partnership Including LNG Offtake and Steel Supply
MILAN, September 11, 2025--Glenfarne and POSCO International agree to enter into strategic partnership for Alaska LNG
About this update from Posco International Corporation
[{"type":"image","alt":"Glenfarne Group Chief Executive Officer and Founder Brendan Duval and POSCO International Corporation Chief Executive Officer Kye In Lee signed a commercial agreement to advance the Alaska LNG Project on September 10, 2025 at the Gastech energy conference in Milan.","displaySize":"","headline":null,"caption":"Glenfarne Group Chief Executive Officer and Founder Brendan Duval and POSCO International Corporation Chief Executive Officer Kye In Lee signed a commercial agreement to advance the Alaska LNG Project on September 10, 2025 at the Gastech energy conference in Milan.","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":366,"url":"https://media.zenfs.com/en/business-wire.com/fa8799ab1fc5f2f31848635613e6af9d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Zkm0BpWQnznU92NrHJU0kA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTczMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/fa8799ab1fc5f2f31848635613e6af9d","width":480,"height":366}},"lazy":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":311,"url":"https://media.zenfs.com/en/business-wire.com/9edef90c11134891027f940cbd2e17a1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ex2iNqK_Z1.eunQwwm6BuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYyMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/9edef90c11134891027f940cbd2e17a1","width":480,"height":311}}},{"type":"text","content":"MILAN, September 11, 2025--(BUSINESS WIRE)--Today Glenfarne Alaska LNG, LLC ("Glenfarne") and POSCO International Corporation ("POSCO") announced an agreement to advance a strategic partnership for the development of the Alaska LNG Project, the only federally authorized LNG export project on the U.S. Pacific Coast. The partnership will include steel supply, LNG offtake, and an investment with respect to the Alaska LNG project. The agreement defines the process for Glenfarne and POSCO to move forward on definitive agreements, which will close pending board approvals by both sides.","length":606,"tagName":"p"},{"type":"text","content":"This agreement will include initial terms for POSCO to supply a significant portion of the steel required for Alaska LNG’s 807-mile, 42-inch pressurized natural gas pipeline. The ...