Steel Markets
Glenfarne Alaska LNG and POSCO ink preliminary partnership
Written by Kristen DiLandro
September 12, 2025
Glenfarne Alaska LNG and POSCO signed a preliminary strategic agreement during the GasTech Conference in Milan on Thursday.
Over the next 20 years, Glenfarne Alaska LNG agreed that it will provide the South Korean steelmaker with 1 million metric tons (mt) per year of liquified natural gas (LNG). POSCO will provide steel used by the energy infrastructure company for its 807-mile high-pressure pipeline.
The pipeline will connect the state’s North Slope reserves of gas to Southcentral Alaska, and its planned LNG export terminal. President Donald Trump-approved Alaska LNG project seeks investment from nations like South Korea and Japan to export gas from Alaska to Asia.
Global demand for LNG ramped up after many nations sanctioned energy from Russia upon its invasion of Ukraine in 2022.
Kristen DiLandro
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