According to an April 2025 CNBC report, Brendan Duval, CEO of Glenfarne Group, noted there is “quite a lot of inquiries from India,” in being an investor and possibly buyer of Alaska gas.
Glenfarne is the company that has the contract to build and majority own the proposed gasline project that is moving quickly due to aggressive work by Gov. Mike Dunleavy and President Donald Trump.
India could become a potential partner alongside Japan, South Korea, and Taiwan.
However, no concrete deals or agreements with India have been reported, unlike Taiwan, which signed a non-binding letter of intent in March 2025 to purchase six million metric tons of LNG annually, or Thailand, which is negotiating for up to five million tons.
The interest from India appears to be part of broader Asian engagement spurred by Trump’s push for the project and tariff policies.
Fox business writer Charles Gasparino wrote on X on Thursday: “SCOOP: According to people close to the White House the deal w Japan is still not ready to be announced. Could be a week or so away. Negotiations center on Japan buying from the Alaska LNG pipeline. India is there, my sources say.”
Later, he wrote: “BREAKING: @SecScottBessent confirms my reporting that trade deals w India and Japan are on deck with, and as I reported last week, India being the likely first. Story developing.” The negotiations appear to be with the White House, according to MRAK sources.
Meanwhile, interest from the Trump Administration continues to build.
“We are thinking about a big LNG project in Alaska that South Korea, Japan [and] Taiwan are interested in financing and taking a substantial portion of the offtake,” Sec. Bessent told reporters in April. The agreement would help meet Trump Administration goal of reducing the US trade deficit.
“You can imagine the geopolitical enhancements whether it’s for tariff or military reasons — Taiwan is really, really focused on getting that signed up,” Duval told CNBC in an interview. Taiwan has also offered to invest directly in Alaska LNG and supply equipment, said Duval, who will attend the Alaska Sustainable Energy Conference June 3-5.
The India interest has not been widely reported but is sure to emerge as a topic at the conference, a meeting that has attracted top energy representatives from Japan, Korea, Thailand, and Taiwan, as well as Interior Sec. Doug Burgum, Energy Sec. Chris Wright, and EPA Administrator Lee Zeldin.
Don’t be too excited about this. While it is indeed great to see investors and potential buyers (you know, the investors and buyers that the (D)ems said did not and would not exist), gangs of enviro-nazis like Trustees for Alaska, Alaska Center Environment, Sierra Club, Alaska Environment, Northern Alaska Environmental Center, Alaska Wilderness League and more will be lining up to ensure Alaskans will become poorer and freeze in the dark.
A “non binding letter of intent” is just that – non-binding!
This is goofy. India’s proximity to Russia, Iran and Qatar and their gas reserves that vastly exceed those of the US make this idea impractical. Russia, Iran and Qatar all have their own issues but the delivered cost of their gas will beat anything the US can offer.
Let’s get it built.
Remember when Larry Persily of the liberal media consistently said that LNG was a pipeline was a fantasy as well as a non starter. I don’t see him making these predictions now. I haven’t seen all the nay-sayers saying anything now about the State spending all this money on this project in the past. Same thing with AIDEA on ANWR leases. Now, AIDEA will have all the seismic data and hopefully make the state a lot of money. The only reason this LNG is in play is because LNG has all the permits in hand. That’s how opportunity works, you have to be prepared. Doing nothing never works.
It’s time to start buying compressors, valves and pipe.
Not sure this can be called a project, but if it can be called a project for purposes of discussion, it is 95 percent hype and promotion. If this project, hypothetical though it may be, can transition to 50 percent factual analysis, with draft term sheets being discussed with and by North Slope producers – namely, Exxon, Conoco and Hilcorp, and an apparent meeting of the minds between actual sellers and buyers of North Slope energy, with only 45 percent hype and promotion then this particular gas line effort with at least be on a par with previous efforts. The Alaska media needs to speak with AOGCC and the producers, and then tell us what they said. Right now all we hear is what the promoters heard the White House say, and that doesn’t even scratch the surface of a real and bankable project.
The clock is running very fast on this. The Alaska side will soon recess until a new governor is elected. The White House will be in political recession if the mid-terms don’t reaffirm the Trump election. So an inked term sheet, with North Slope producers, need to become public no later than the end of the year. Having that term sheet in hand by Labor Day would be much better.
Kubota. Every project ever built starts as a dream. You are absolutely ignorant on this subject. Might I suggest you keep your mouth shut. When I was 9 years old tons of people like you said the trans Alaska pipeline couldn’t be built, it would not work. Bla bla bla. Here we are 51 years later with non stop oil coming down an 800 mile straw. I absolutely despise negative non dreaming nay sayers. People like you are the death of modern society, the can’t get there from here gang. I for one need the gas, my family needs the gas, my neighbors need the gas and so does Taiwan, India, and a flurry of other countries. Left wing nuts killed the Susitna hydroelectric project, a project that should be coming on line about now. They somehow justify bird killing industrial windmills that are completely not cost effective and impossible to recycle made from oil, you guessed it natural gas and mined materials, keep killing Alaskas future and you can turn the lights out on your way south.
Bingo.
Why haven’t the North Slope producers said anything – anything.
Definitely gives me pause.
Also, been in oil & gas biz for 35 years – who’s Glenfarne?
This will be one of the biggest industrial projects in history – up to 20% of global steel production, for three years, will be needed for this project – think Panama Canal, Hoover dam, the first pipeline.
Glenfarne???
I have great interest in purchasing Alaskan natural gas to heat my home, my water, and to cook with, but I’m not brave enough to invest in the industry. The environmental industry and Democrat Party have a proven track record of halting development mid-stream with simple executive orders and moratoriums. The only oil and gas industries that are less dependable are Venezuelan and Russian. Even Mexican oil and gas is more dependable than Alaskan.
Amen Reggie I’m interested in purchasing gas myself, I’m in for about $20.000 a year worth between business and home.
You can’t sell a product you can’t get to market. Another locality manufactured product would be fertilizer. It used to be our 2nd largest export. There’s absolutely no reason we can’t be manufacturing a vast amount of poly products.
Always love the Alaska natural gas pipeline dream. Oil below $50 a barrel and kiss the Willow field goodbye. Next few years may not be good ones. There was a reason BP sold out.
John the willow project will be fine, they will just idle it down. Low energy prices are good for construction and even the oil companies use low energy prices to there advantage. Energy prices never stay down for long.
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