With permits secured and global demand rising, Alaska has the chance to deliver affordable energy at home and stability abroad.
Gov. Mike Dunleavy, left, welcomes Brendan Duval, CEO and founder of Glenfarne Group LLC, during the Alaska Sustainable Energy Conference at the Dena'ina Center in Anchorage on June 5, 2025. through global energy markets.
Yet again, Alaskans are wondering why, with vast North Slope natural gas resources, we are increasing our dependence on some of the world’s most unstable regions. The answer, in part, is that we have failed to develop our own energy resources — including natural gas reserves that could supply our households, fuel our industries and military bases, and reliably deliver energy to trusted allies abroad. The good news is that we are on the brink of changing that narrative by finally delivering thefor Alaskans, who currently pay two to three times the national average, along with thousands of construction jobs and billions in state and federal tax and royalty revenue. And these are not just hypothetical projections — we are making real progress toward making this project a reality. Alaska has been called on in times of energy crisis before, and Alaskans know how to deliver big solutions. After the 1973 oil embargo, we built the 800-mile trans-Alaska pipeline system, which has delivered more than 18 billion barrels of oil since 1977. The natural gas pipeline and LNG terminal will provide energy and economic security for decades to come. Alaskans have been working on this opportunity for years, and now is the time to finish the job.. to secure a deal with a private developer to advance the project, recognizing it is too large and complex for the state to manage alone. That is why we have partnered with Under this agreement, Alaska maintains a 25% ownership stake, as it did when the project was being developed by producers. However, there is one significant improvement: There is no financial risk to the state. Alaska has no liability, no project costs and no obligation to provide cash or take on debt to reach a final investment decision. In addition, state entities and other in-state investors will have the option to invest directly in the project’s three core components — the liquefaction plant, gas treatment plant and the pipeline. Those investment decisions will ultimately rest with the Legislature. The project has received its Federal Energy Regulatory Commission certificate and Department of Energy license. The necessary engineering is complete.. Litigation has concluded. The right of way is secured. The gas is available. And the markets are there — Japan, South Korea and other Pacific partners have made clear they want a reliable North American supplier rather than relying on unstable regions elsewhere.But our most important market is — and always will be — Alaska. This pipeline will eliminate, over time, the need to import gas. It will allow us to supply communities with North Slope natural gas, reducing reliance on foreign sources and volatile global prices. That is a major benefit for Alaska families heating their homes and for our strategic military bases. The due diligence is complete and the benefits are clear. Now we must put aside our differences to make this opportunity a reality for all Alaskans. It is time to do what we do best — come together and get big things done. Just as we did with the trans-Alaska pipeline, we must rise to meet the moment. While former political opponents like us may seem like unlikely allies, we are not going to let this once-in-a-generation opportunity slip away because of old politics. There is an old saying that potholes aren’t political — and neither are pipelines. We urge all members of the Legislature to join us in a unified effort to deliver secure, affordable energy.Mark Begich is an Anchorage businessman who served as United States senator for Alaska and two terms as mayor of Anchorage.Mt. Edgecumbe rallies to best Sitka in 3A boys state basketball semifinalsPentagon policy restricting reporters’ access ruled unconstitutional in case brought by New York Times
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump vows to destroy ‘entirety’ of South Pars gas field if Iran strikes Qatari LNG againTrump threatened to “massively blow up the entirety of the South Pars Gas Field at an amount of strength never seen or witnessed before.”
Read more »
Madison LeCroy is swapping foundation for this glowy sunscreen that 'lets your skin breathe'WHAT IS IT - Soft glow mineral sunscreen drops that enhance skin's natural radiance for visibly illuminated, smoother, even skin. CLINICAL RESULTS - Visibly illuminates, smooths, evens skin & blurs pores instantly. These soft glow drops with tinted mineral SPF leave your skin the healthiest it has ever looked—instantly.
Read more »
King Frederick Lets Queen Mary Shine on Visit to AustraliaChristine Ross is a freelancer writer, royal expert, broadcaster and podcaster. She's worked with news outlets including the BBC, Glamour, Talk TV, ET, PBS, CNN and 20/20 to cover the foremost royal events of the last decade, from Prince George’s birth to the coronation of King Charles III.
Read more »
‘Dangerous territory’: Strikes on Qatari LNG facilities threaten global supplyIranian retaliatory strikes on Qatar’s liquefied natural gas infrastructure further threatens the global supply in Europe and Asia.
Read more »
Iran attacks hit 17% of Qatar LNG capacity, threaten Europe, Asia supply: DohaIran launched the attacks in response to Israeli strikes on its gas facilities, triggering LNG disruptions in Qatar that could last up to five years.
Read more »
Iranian strikes cut 17% of Qatar LNG output, threatening global supplyIranian strikes on Qatar’s Ras Laffan facilities have halted major LNG production, causing force majeure declarations and raising concerns over supply disruptions.
Read more »