In a sign of improving U.S.-Japan energy cooperation, President Donald Trump announced a joint venture on Alaska oil and gas between the two nations during his meeting with Japanese Prime Minister Shigeru Ishiba at the White House on Friday. The announcement is a milestone for the long-anticipated Alaska Liquefied Natural Gas (LNG) Project, a strategic initiative aimed at expanding American energy exports to Asia.
During a press conference, President Trump underscored the importance of the project, stating, “Japan will soon begin importing historic new shipments of clean American liquefied natural gas in record numbers…We’re talking about the pipeline in Alaska, which is the closest point of major oil and gas to Japan by far…We’re talking about a joint venture of some type between Japan and us having to do with Alaska oil and gas.”
Alaska U.S. Sen. Dan Sullivan and Gov. Mike Dunleavy praised President Trump’s leadership in advancing the project, emphasizing its potential economic benefits for Alaska and the nation.
“While Alaskans are praying for those who were on the missing Bering Air flight last night, we did have some very good news today on the Alaska LNG Project,” said Sen. Sullivan. “With his leadership, we will get the Alaska LNG Project built, which will create thousands of good-paying jobs, reinvigorate our American steel industry, significantly reduce our trade deficit in Asia, and deliver clean-burning Alaska gas for Americans, our military, and our allies in the Asia-Pacific, like Japan.”
Gov. Dunleavy echoed these sentiments, highlighting Alaska’s long-standing role in providing clean-burning natural gas to Asian markets.
“President Trump has been a steadfast supporter of Alaska and its ability to be the solution to many of America’s issues through its vast natural resources, its geopolitical position in the Arctic and Pacific, and Alaska’s ability to help its Asian neighbors such as Japan, with 60 years of clean-burning natural gas,” said Dunleavy. “As we move this project along, we look forward to working with President Trump, Japanese officials, and others to put project agreements in place ASAP.”
Sullivan has been actively championing the Alaska LNG Project for years, briefing President Trump and members of his administration on its strategic importance.
With a document titled “America’s Gasline,” Sullivan has highlighted the project’s benefits for national security, economic growth, and energy independence. President Trump’s commitment to the initiative was evident from day one, when he signed the executive order “Unleashing Alaska’s Extraordinary Resource Potential,” prioritizing the Alaska LNG Project.
Congressman Nick Begich said, “My team and I have been working with the Trump Administration and industry partners, along with many others in the delegation and the Governor’s office to ensure that Alaska’s energy and mineral resources are fully developed. Today’s announcement with Japan underscores the commitment that the Trump Administration, in conjunction with America First colleagues in Congress, have towards achieving energy dominance in our Nation again. We look forward to continuing to support transformational projects for the benefit of Alaskans and our Nation as a whole.”
With the backing of the Trump administration, Japanese investment, and private-sector collaboration, Alaskans are optimistic about finally realizing a decades-long vision of bringing their natural gas resources to global markets.
Watch the press conference here:
Odd, LNG for Japan. What’s Alaska and America’s take? Might we have some sirs?
It says for Americans, our military and our allies.
Interesting your this ignorant John. Japan has been going away from nuclear power since the tsunami and building for LNG. Most everyone knows that. Japan would be a great customer for our gas.
Jesus, if we get a gas line we can pull off of that for our own needs just like we take oil off the TAPS.
And from Alaska’s top TDS Senator we have…. CRICKETS. Even when it’s good, no, GREAT for Alaskans, The Lisa will either oppose it or be silent. She just won’t let Trump have a win. And this is just one of the 57 reasons that she needs to be Cheneyed during the next election.
Pathological TDS!
If this could happen, it would be a good thing. Needless to say, a like really-profoundly-different approach from the previous President who shanked Alaska at every turn. Someday, Alaskan voters will stop voting for Democrats who want to k**l us.
Howdy JMark, and RINO Senior senators as well. Lisa.
Moving Alaska, the USA, and the World forward on fossil fuel production. Trump is the new global leader. Awesome!
This is excellent news! I’m happy to hear we’ll be selling to Japan. They’ve been a great ally.
Now if we could just get Judge Sharon Gleason’s order to do MORE EPA studies rescinded, then Alaskans could also have gas to heat their homes next winter.
Who is putting up the $50 billion?
This could be one of the greatest days for Alaska and the citizens in 40 years. We will be so rich children up here won’t need an education.
And I expect perpetually-scowling Princess Lisa will condemn this initiative, under some specious pro-deep-state, anti-common-sense rationalization.
She is truly a despicable creature.
I’m glad it’s the Japanese. The Japanese did not cave to DEI, ESG, or wokeism and force their major auto mfgs to go full EV on their product lines. They stood their ground and were right. They’re shrewd i business and a good match with Trump. Where’s Lisa? She would prefer the gas stays in the ground and pay people to not work. She got millions from her Uncle Joe doing this.
Hopefully, we’ll be able to use a small percentage of that gas to warm our homes at a very reasonable cost.
This.
This is a very positive development but everything that is needed from Congress must be completed by the end of next year in order for this to happen, and actual construction needs to have begun by 2028 or else competing projects will nose out an Alaska gas line. Therefore the actual owners of North Slope natural gas, in particular Exxon, Hilcorp and Conoco need to have made ironclad commitments to sell gas to a specific Japanese buyer by then. Interests that can hold this up, or perhaps better stated hold it hostage, such as the Alaska House and Senate majorities and Native sovereignty factions, need to have been discharged no later than a year from now. Governor Dunleavy becomes a lame duck at the end of the current legislative session, and he may become even less engaged in his duties soon. President Trump will inevitably trend towards lame duckdom as early as later this year. Lobbyists and promoters will begin converging in Juneau as early as Monday, ad they will be noisome and waste time.
This news would be a much more substantial development if Japan still owned and operated a pulp mill in Sitka and a large sawmill in Wrangell.
Of the dozen or more people right now claiming they will be running for governor by the end of the year we need to identify the one or two who have actually run a large business and have managed a large project. When I look at that list I cannot say for sure that any have.
Howdy K2, thanks for your very good insight, l felt like l was reading a comment written in 2027.
The pipe dream continues, if we subsidize it enough with Federal Dollars and State Dollars it will be economically feasible for private corporations. 47 running America just like his businesses straight into bankruptcy!
So just leave it in the ground and pay people to not work? Good idea!
AFF I actually purchase about $1200 a month worth of natural gas to heat home and facilities. Not sure how you heat but if it’s gas it’s subsidized. I like natural gas. If I’m forced to switch to oil it will cost me $4500 month at current prices. Oil is dirty burning. Not sure what your problem is.?? Preparation H might be helpful.
Trump could cure cancer and you’d still b*tch.
He is a fake as if his name ment the truth he would be singing a different tune.
Alaskans For Slavery, I admire your “can’t do” attitude.
Interesting that Lisa is nowhere to be found in this Alaska LNG announcement with Trump and Japan. She was last seen begging the new energy Secretary to do what he can to help the project. Small potatoes, Lisa! Nick and Dan are out there doing heavy lifting with the big dogs, Trump and Ishiba. Lisa’s pathological TDS is her obsession. What is good for Alaska takes a back seat to having anything to do with Trump in Lisa’s world. She complains about Doge revealing the systemic corruption within our government. It’s not procedural enough for Lisa. She is so ‘small ball’.
Having been party to joint venture agreements, this agreement is not an agreement to build a project. It is merely an agreement to form a partnership that will evaluate the project.
The project still has massive problems with its economics. We’ve not yet heard of any leaseholders committing gas to the project either.
https://mustreadalaska.com/to-avert-southcentral-shortages-alaska-gasline-development-signs-initial-agreement-with-pantheon/
In less we get some gas moving to south central the (massive) problem will become a double or triple massive problem for heating in anchorage and Palmer. Picture $1200 month heat and hot water bills for a 2000 sq ft home . It’s coming
Good for Trump. No doubt, Governor Dunleavy is, or will be, involved in this great fossil fuel project. The former, shamed governor Walker could never have pulled this off. He was too busy bowing and genuflecting to the Chinese premier.
Wake up people. What’s happening here is that Japan is playing along with Trump so that he doesn’t put some kind of nasty tariffs on them and their automobiles. Sure, they’ll study it again for a while just as they have in the past. But the answer will remain the same. Uneconomic. Undeveloped. Unhappy Alaskans.
For many years Nikiski exported LNG to Japan, it was heralded as one of the longest most cooperative agreements between the USA and Japan. Maybe some of those old agreements can be dusted off, and used to expedite the process. Did l just feel an Earthquake of R9, or was it Trump and MAGA Shaking things up.
Embezzling more money for a gas line that while never come while making the residents import middle east gas for South Central… criminal cabal in government these days!
I’d rather work with Japan than Glennfarne or China. Get er done doge boy or should I say big balls! Come on Lisa. Get on the Trump Train!!
Well, as long as this doesn’t go to CHINA!
Japan deal is tied to Glenfarne’s financing – Sumitomo Mitsui bank. (As you likely know by now from my substacks on Glenfarne/Hunter Biden.)
There is a carry-trade benefit here: “It’s a strategy where you borrow money in a currency with low interest rates, like the Japanese yen, and then reinvest that money into assets that yield higher returns elsewhere.”
Financing is where is this going….how-to part.
Recover the petrochemicals and put Alaskan’s to work. Sell the rest to Japan as LNG. The project becomes more viable. Think plastics and butyl rubber.
Trump stated in all of his conversation that he was just talking about it. He simply gave an overview of his conversations with the Japanese Prime Minister.
Talk is just what it is, talk.
Lets remember that the bad talk the last time around went down the drain and in this governorship of Dunleavy, there is always talk that gets the state into trouble. So, if Trump keeps on meeting with all Prime Ministers who want business with the USA we will see a lot to choose from. It starts in the White House with National Security before it goes to who is linked to who and then a done deal.
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