Trump tariffs push Asian partners to invest in Alaska LNG project

Japanese, South Korea and Taiwan and President Donald Trumman to pay the requirements and to achieve their high-speed natural gas projects in their exports, they consider investment in a massive natural gas project and provide high levels of demand from their exports.

Alaska has been a long time that the northern slope in the Arctic can be 800 miles to be 800 miles to be 800 miles to the entrance to the southern slope, gas to export to Asia. The project, which is an amazing price label of $ 40 billion, clung to the painting board for years.

Alaska lng, As is known, the project shows new signs of life – the project is a national priority with Trump. Treasury Secretary Scott Bessent said that this month’s previously liquefied natural gas (LNG) project can play an important role in trade talks with South Korea, Japan and Taiwan.

“We are interested in financing South Korean, Japanese (and) Taiwan, Japan (and) Taiwan (and) Taiwan Financing and a majority of the Taiwan in Alaska,” said Bessent will help the US trade deficit to be reduced.

Taiwan’s State Oil and Gas Company CPC Corp. In March, Alaska signed a letter of intent to buy six million metric tons of gas from LNG., Brendan Duval, CEO and founder Glenfarne groupLeading developer of the project.

“You can imagine whether it’s for tariff or military reasons – Taiwan is really aimed at signing this,” Dunval said in an interview with CNBC. Duval said CPC also offered to invest directly to Alaska LNG and supply equipment.

March trading mission

Duval and Alaska Governor Mike Dunleavy, South Korea and Japan met with a trade mission in March, high-ranking officials in the government and industry. Japan and South Korean companies, Development Banks said that Alaska can be financed LNG.

“Recently, there were a number of surveys from India, so there is a fourth horse who entered the race,” he said. According to him, Thailand and other Asian countries also showed interest.

The Alaska LNG project has three major parts: a pipeline, a gas processing plant and nikeski, a plant to disappoint gas for exporting in Alaska. In March, these devices are expected to cost about $ 12 billion in an energy conference in Houston, $ 10 billion and $ 20 billion.

Director General Alaska LNG is already in place. Glenfarne, in the first stage of the project, in the first stage of the first phase of North Jump, said that a pipeline with a pipeline that will supply gas to internal consumption in Alaska, he said.

According to the CEO, the construction of the LNG plant is expected to begin in late 2026. The goal, with full trade operations in 2031, in four and a half years in the project, the construction has been completed in the LNG project, he said.

Alaska LNG plans to produce 20 million metric tons of LNG per year equal to about 23% per year 87 million tons of LNG exports to US last yearAccording to information from KPLER, an commodity researcher.

Alaskan reveals resources

Alaska, Trump plays a central role in the production and export of US oil and gas, a part of the White House’s agenda for us. On the first day of the president, the office signed an order on the implementation of the “s” of Alaska’s “”Emergency resource potential“Prioritizing the development of LNG in the state.

“We will be today in our sofas in our walls in Alaska for decades.”

The net importer has been the largest exporter of the United States, which plays a vital role in power plants in power plants in Asia and Europe for allies with domestic energy resources. For example, Japan and South Korea, each, according to KPLER, received about 8% of the United States of LNG exports.

Trump management Alaska LNG, those who saw the “significant strategic project”, the internal secretary Doug Burgum also said Houston Energy Conference. LNG exports from Alaska will approach Japan about eight days, passing from terminals from terminals to Dunleavy at the same conference.

“They can avoid the most effective LNG from the allied partner,” Duval said. “This is the only LNG, which is the direct route of the United States, which can provide a lot about this in today’s environment.”

North Pacific talks

Trump spoke to journalists during a Joint press conference In February, Japanese Prime Minister Shigeru Ishiba, who discussed the pipeline of the two countries and said that Alaska is a joint venture to operate oil and gas and a joint venture. Trump said he was discussing “the US largest purchase and sale of the United States” April 8 phone call South Korean actor President Han Duck-Soo and Korea’s participation in the joint venture “in the joint venture” in the Alaska pipeline “.

Japan wants to protect the security agreement against Growing US and escape tariffs, Alaska Senate Financial Committee in Industrial Development and Export Organization February submission. “Now we are completely in the world of” operation “,” he said. Tokyo has more investment to invest more, more LNG, and Alaska said they should include a joint venture of oil and gas.

The project is likely to be a joint venture, as a joint venture, Lang with Asian partners, Duval, definitely not to turn into Japanese, Taiwan and South Korea, Glandfarne said that Glenfarne is unavailable.

Duval, Glenfarne’s goal is to be a long-term owner and operator of ALYASKA LNG with partners. Glenfarne is the owner, owner and operator of energy infrastructure located in the New York City and Houston. The company received a 75% stake in Alaska LNG Alaska Qasla Pronection Corporation In March, it stores 25% with AGDC.

Yolblocks and Commercial Wilsi

Trump Administration, Japan, South Korea and Taiwan is an accurate pressure to invest in Alaska LNG. Rapidan Energy And President George W. Bush’s former energy consultant. Although Japan also wants to diversify and diversify the LNG supply of the LNG, it is relieved of investing in the project value, complexity and risks to Alaska LNG.

Another road block said that the Democrats could return to power in 2028 and to progress the project, to stop the environment, citing the environment. President Joe Biden allowed new LNG exports to countries with no free trade agreements with the United States, not free trade agreements with the United States and Trump.

In addition to political risk, Alaska LNG “It does not have a clear commercial logic,” Alex Munton, head of Global Gas and LNG research Alex Munton. “If so, it would be more supported so far, and this project was on a planning board for decades,” Munton said. According to him, there are more attractive, existing LNG options for Asian customers on the shores of the Gulf.

Munton is also expensive in the project, a LNG industry in the project’s energy sector. More than $ 40 billion price label is likely to be re-reviewed by the top At the age of twosaid analyst.

“You must assume that the costs will be higher than the figures made public,” Munton said. Alaska LNG will probably need “a liability to carry out money or money to carry out a state policy or carrying out.”

Duval, Alaska said that LNG will be competitive with the government subsidy. “This is a natural source of LNG, regardless of geopolitical benefits, regardless of the tariff discussions,” he said.

“There is support of the President of the United States,” Dunleavy said in Houston. “We have Asian allies in need of gas. Geopolitical alliances are changing. Tariff questions are coming. Indeed, it is a very lively project when looking at this context.”