Alaska is a big gas producer, but very little gets to market. Qilak LNG could change that, using harsh environment technology and its geography to create a competitive LNG offering. [Gas in Transition, Volume 3, Issue 3]
Qilak LNG is pushing ahead with a plan to invest $5 billion to develop a liquefied natural gas export terminal offshore Alaska that management believes
Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska's North Slope to compete with Russia's Yamal project for Asian customers towards the end of this decade, its chief executive said. Major LNG importers such as Japan, South Korea and Taiwan are rethinking Russian supplies after sanctions on Moscow after it invaded Ukraine and more natural gas could be needed to produce lower emission and alternative fuels as nations try to reduce their carbon emissions.
Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska’s North Slope to compete with Russia’s Yamal project for Asian customers towards the end of this decade, its chief executive said.