Korea Moves Toward US$50 Billion-Plus Investment in Alaska LNG as Glenfarne Cites Capital to Accelerate a Final Investment Decision

The US and South Korean governments have reportedly announced Korean investment in Alaska’s natural gas pipeline and LNG export project. Developer Glenfarne said in a September 30, 2026 press release that it welcomes Korea’s “$50 billion-plus” investment, and trade media carried the news on October 1. According to the reports, this is an expression of […]

POSCO International Raises Stake in Alaska LNG Project to 3.5%, Steel Pipe Supply Also Under Discussion

POSCO International has reportedly raised its stake in Glenfarne Alaska Partners, the special purpose entity developing the Alaska LNG (Liquefied Natural Gas) project, from 1.17% at the end of last year to about 3.5% as of the end of the second quarter this year. Alongside this, the possibility of steel pipe supply by affiliate POSCO […]