Skip to main content

Chinese companies agree to develop LNG in Alaska

Published by
LNG Industry,

According to multiple sources, Sinopec, alongside one of China’s top banks, and its sovereign wealth fund have agreed to help develop Alaska's LNG sector.

Alaska Gasline Development, the State of Alaska, Sinopec, China Investment Corp and the Bank of China have signed an agreement to advance LNG in Alaska.

The agreement will involve an investment of up to US$43 billion, creating up to 12 000 US jobs during construction, reducing the trade deficit between the US and Asia by US$10 billion a year, and give China clean energy.

AGDC is building a gas treatment plant, a 1287 km pipeline to south central Alaska for in-state use, and a liquefaction plant in Nikiski to produce up to 20 million tpy of LNG for export.

Read the article online at:

You might also like

LNG Industry Spotlight with Siemens Energy

LNG Industry's Editor, Lydia Woellwarth, talks to Davor Rubinic, Solution Line Manager at Siemens Energy, to discuss Siemens Energy’s recent article in LNG Industry.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

US LNG news


LNG Industry is not responsible for the content of external internet sites.