By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Glenfarne and PTT Sign Cooperation Agreement Including Offtake From Alaska LNG
preview.jpg
Cooperation Agreement Signing Ceremony. From left: James Shea (First Secretary, Embassy of the United States, Bangkok); Matt Kissinger (Venture Development Manager, AGDC); Brendan Duval (Founder & CEO, Glenfarne); Ambassador Robert Godec (US Ambassador to Thailand); Adam Prestidge (President, Glenfarne Alaska LNG); Dr. Prasert Sinsukprasert - photo by Permanent Secretary of Energy, Thailand
BANGKOK & ANCHORAGE, Alaska & NEW YORK--(BUSINESS WIRE)--Jun 23, 2025-- Today, Glenfarne Alaska LNG, LLC announced that PTT Public Company Limited (“PTT”), the largest publicly traded company in Thailand, has signed a Cooperation Agreement (“Cooperation Agreement”) for strategic participation in the Alaska LNG project, including for the procurement of 2 million tonnes per annum (“MTPA”) of LNG from Alaska LNG over a 20-year term. Alaska LNG is held under 8 Star Alaska, LLC, a joint venture between Glenfarne Group, LLC subsidiary, Glenfarne Alaska LNG, LLC (“Glenfarne”), the majority owner and lead developer of Alaska LNG, and the Alaska Gasline Development Corporation. PTT is the publicly traded national oil and gas company of Thailand with a BBB+ investment grade credit rating.