Alaska LNG Hinges on How Much Asian Buyers Will Pay for Energy Security

The Trump Administration’s pet project Alaska LNG may not be commercially investable as costs per production could be more than double the costs at most U.S. Gulf Coast LNG export projects, a Reuters analysis has found. This week, the Trump Administration touted a $50-billion investment from South Korea for the proposed Alaska LNG project. The entire project is estimated to cost between $44 billion and $55 billion in total, according to Glenfarne Group, the majority owner and developer of Alaska LNG. South Korea disputed…