{"id":110248,"date":"2025-11-12T12:51:51","date_gmt":"2025-11-12T17:51:51","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-admin-announces-big-step-toward-energy-dominance-with-massive-alaska-lng-project-alliance-110248"},"modified":"2025-11-12T12:51:51","modified_gmt":"2025-11-12T17:51:51","slug":"trump-admin-announces-big-step-toward-energy-dominance-with-massive-alaska-lng-project-alliance","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-admin-announces-big-step-toward-energy-dominance-with-massive-alaska-lng-project-alliance-110248","title":{"rendered":"Trump admin announces big step toward \u2018energy dominance\u2019 with massive Alaska LNG project alliance"},"content":{"rendered":"
\n

FIRST ON FOX<\/strong>: An expansive liquefied natural gas (LNG) project in the Arctic took a big step forward this week while officials at the Energy and Interior Departments heralded it as key to President Donald Trump<\/a>\u2019s “American energy dominance” agenda.<\/p>\n

Alaska LNG<\/a>, a branch of the New York City and Anchorage-based Glenfarne energy company, and energy technology giant BakerHughes announced an alliance that will bring to reality and accelerate plans for a nearly 1,000-mile, 42-inch LNG pipeline down the middle of the Last Frontier, and a corresponding terminal on the Kenai peninsula.<\/p>\n

The 807-mile pipeline is projected to begin near Prudhoe Bay<\/a> on the Arctic Ocean and run down to Nikiski \u2013 a village halfway between Anchorage and Homer.<\/p>\n

Secretary of Energy Chris Wright and Secretary of the Interior Doug Burgum announced the agreement, with Glenfarne CEO Brendan Duval saying that BakerHughes\u2019 partnership on the project is a big deal due to the company\u2019s expertise in LNG compression technology.<\/p>\n

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Duval said the deal reflects an increased momentum toward the mega-project\u2019s future realization and praised the project\u2019s ability to attract “global partners [in order] to achieve national and state energy objectives.”<\/p>\n

“Alaska LNG has the potential to be one of the most significant energy infrastructure projects in our nation\u2019s history,” Wright said in a statement to Fox News Digital.<\/p>\n

“Today\u2019s investment announcement is an important step forward for the project, prosperity in Alaska, and the energy security of America and our allies. The Trump administration remains committed to unleashing Alaska\u2019s energy potential<\/a>, including by supporting Alaska LNG.”<\/p>\n

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Interior Secretary Doug Burgum added that U.S. LNG is “not just an energy source [but] a strategic asset that powers our economy.”<\/p>\n

Burgum, who chairs the National Energy Dominance Council<\/a>, added that Glenfarne and BakerHughes working together will undoubtedly bear fruit in terms of new energy infrastructure that will create long-term affordable power for Americans that is based in America.<\/p>\n

BakerHughes chairman Lorenzo Simonelli said in a statement that natural gas provides secure and reliable energy at an affordable rate to consumers. Simonelli also touted its lower carbon output than other fuels.<\/p>\n

BURGUM, ZELDIN, WRIGHT: THIS IS HOW AMERICA WILL ACHIEVE ENERGY DOMINANCE<\/strong><\/a><\/p>\n

According to reports, the project will include a carbon-capture plant<\/a> on Alaska\u2019s remote North Slope that will have the capacity to remove seven million tons of carbon dioxide from the project annually.<\/p>\n

Alaska\u2019s energy potential has been repeatedly touted by Gov. Mike Dunleavy, who previously told Fox News Digital he is interested in an all-of-the-above approach devoid of politics that instead focuses on what will work and what will keep energy jobs in Alaska and the U.S. writ large versus overseas.<\/p>\n

Dunleavy and Alaska officials battled the Biden administration<\/a> over what they called intentional roadblocks against natural resources exploration in places like Ambler and the Arctic National Wildlife Refuge\u2019s Section 1002; commonly dubbed ANWR.<\/p>\n

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Outside the Last Frontier\u2019s ubiquitous natural gas and oil prowess, Dunleavy previously told Fox News Digital<\/a> he would also be open to exploring the power-generating potential of tides in Cook Inlet \u2013 said to be the second-strongest lunar-powered ebb and flow in the world.<\/p>\n

“That basin in Cook Inlet is the most energy-rich basin on the planet: onshore wind, offshore wind, coalfields, oil, gas, tidal, geothermal \u2014 all right there,” he said, noting a separate wind farm on Anchorage\u2019s Fire Island<\/a> is easily visible from planes taking off at Ted Stevens International Airport.<\/p>\n

He said, however, the major issue surrounding any green project is energy-storage capability<\/a>, pointing to Germany as an example of where that problem has come up.<\/p>\n

“You have to have something; a baseline power, which should be gas.”<\/p>\n

“What people need to know is that Alaska’s got this enormous renewable potential that we’re going to capitalize on \u2013 but you also have to be able to pay for the capital projects in renewables, such as hydro, solar, wind<\/a>, and the storage \u2014 whether that’s going to be pumped-hydro up here or some other way to store the energy \u2014 but you need to have oil and gas to help pay for that,” Dunleavy said.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/trump-admin-announces-big-step-toward-energy-dominance-massive-alaska-lng-project-alliance <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FIRST ON FOX: An expansive liquefied natural gas (LNG) project in the Arctic took a big step forward this week while officials at the Energy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-110248","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nTrump admin announces big step toward \u2018energy dominance\u2019 with massive Alaska LNG project alliance - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/trump-admin-announces-big-step-toward-energy-dominance-with-massive-alaska-lng-project-alliance-110248\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump admin announces big step toward \u2018energy dominance\u2019 with massive Alaska LNG project alliance - 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