- TotalEnergies signed a Letter of Intent with Glenfarne for 2 Mtpa LNG offtake over 20 years.
- The Alaska LNG project has a total capacity of 20 Mtpa and direct access to Asia.
- TotalEnergies exported 19 Mt of U.S. LNG in 2025, representing 18% of U.S. production.
Agreement Details
TotalEnergies has signed a preliminary agreement with Glenfarne, the lead developer of the Alaska LNG project, for the long-term offtake of 2 million tons per year (Mtpa) of liquefied natural gas (LNG) over 20 years. This agreement is contingent upon the project's final investment decision.
Project Overview
The Alaska LNG project, located on the U.S. Pacific coast, is the only federally authorized LNG export terminal in the region. It plans a total capacity of 20 Mtpa, with direct access to Asia, the world's largest LNG market. This strategic location offers a reliable solution for Asia's energy security and strengthens transpacific ties.
Strategic Importance
The project has strong political and institutional support in the U.S. and aims to meet growing LNG demand from Asia. Its location on the Pacific coast provides logistical flexibility and enhanced competitiveness.
TotalEnergies' LNG Activities
TotalEnergies was the number one exporter of U.S. LNG in 2025, exporting 19 million tons, which represented 18% of the entire U.S. production. The company is integrated throughout the LNG value chain, with upstream gas production assets in Texas, Oklahoma, and offshore U.S. TotalEnergies has invested in major LNG projects in North America, including Cameron LNG and Rio Grande LNG in the U.S., Energia Costa Azul in Mexico, and Ksi Lisims LNG in Canada. It also offtakes LNG from major U.S. terminals such as Sabine Pass LNG, Freeport LNG, and Corpus Christi LNG.
