Governor Mike Dunleavy, R-Alaska, discusses if the United States should buy Greenland and a potential investment of $ 44 billion in a gas pipeline on “Varney & Co.”
Alaska governor Mike Dunleavy said on “Varney & Co” on Thursday that the liquefied natural gas project (LNG) of $ 44 billion in the state is aroused investment interests in Asia.
At the center of the LNG project in Alaska is a pipeline of more than 800 miles for the displacement of natural gas which would take place from the north slope in Nikiski, a city from the Alaska center-South.
The Alaska Gasline Development Corporation (AGDC) has set the average quantity of gas that pipeline could transport every day to 3.5 billion cubic feet. He declared on his website that “many” of this would be sent to “international markets” like those of the North Pacific.
A general view of the Brooks range seen from the Dalton Highway on May 10, 2024, in North Slope Borough, in Alaska. The Dalton Highway (Alaska Route 11) covers 414 miles across northern Alaska de Livengood (53 miles north of Fairbanks) in Prudhoe Ba (Images Lance King / Getty / Getty Images)
“We were just in Asia for a few weeks. We went to Taiwan, Thailand, Korea and Japan, and they are interested in the gas pipeline,” Dunleavy told Stuart Varney.
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“In Taiwan, for example, they signed a law, a letter of intent, which will lead to a permanent contract of six million tonnes of gas,” said the governor. “It would be the greatest taking of all the shooting, I think, in the history of LNG. They also talked about the real investment in the pipeline itself.”
Dunleavy published on the law that the state company of Taiwan, CPC Corporation, had signed for the Alaska LNG project, on its Facebook page at the end of March.
Dunleavy told Varney on Thursday that there were also “serious discussions” in Thailand, South Korea and Japan “on the way they could invest in the gas pipeline as well as the outspoons”.
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The project has been in preparation for some time.
“This project has all its licenses. Each of them has their rights in a manner, has rejected all legal affairs to date,” said Dunleavy. “We plan to put the pipeline itself in place, the liquefaction factory later which would send the gas later, but by putting this pipeline in place so that Alaska itself can obtain gas, our goal is two and a half years so that this 42-inch pipe is set up, because we have all permits.”
Governor Mike Dunleavy (R-AK) speaks during a ceremony for the lighting of the Capitol Christmas tree in Washington, DC, December 3, 2024. (Photo by Nathan Posner / Anadolu via Getty Images) (Nathan Posner / Anadolu via Getty Images / Getty Images)
“We will make final decision -making investments, at least Glenfarne Will, which is the attire which is the private investor and leader in this project, probably by August, in September at the very last.”
Glenfarne became the majority owner and the main developer of the LNG project in Alaska in March after concluding an agreement with the AGDC, according to a press release.
The project would be a boon for Alaska, according to the Governor of the State. More than 740,000 people lived in Alaska in 2024.
“It would be 60 years, I think, prosperity,” he told Varney. “You know, very important, this would provide fuel to our bases. Alaska has a number of military bases. We are on the border with fairly dangerous neighbors. Our gas fields in Cook inlet for years, and this would therefore mean that our bases would certainly have fuel. Our public services would have fuel.”
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He also said that the state could “look at things such as manufacturing and data farms in the future”.
Oil and gas are an important part of the economy of Alaska. The other major state industries include tourism, fishing, wood and mining, among others.
