Glenfarne and TotalEnergies Sign Alaska LNG Offtake Deal

Agreement covers 2 million tonnes per year of LNG exports from Alaska LNG project

Published on Feb. 26, 2026

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Glenfarne Group, the majority owner and developer of the Alaska LNG project, and TotalEnergies have signed a letter of intent for TotalEnergies to offtake 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Alaska LNG project. The agreement was signed in a ceremony in Washington, D.C. and witnessed by U.S. Senator Dan Sullivan and Congressman Nick Begich of Alaska.

Why it matters

The Alaska LNG project provides a unique Pacific orientation that complements TotalEnergies' supply strategy and gives Asian customers direct access to U.S. natural gas. This deal adds another major global energy company as a partner in the project, which is working to contract 80% of its 20 MTPA capacity to finance the development.

The details

Under the agreement, TotalEnergies will offtake 2 MTPA of LNG from the Alaska LNG project. Glenfarne, the majority owner and developer of the project, has now secured 13 MTPA of preliminary long-term agreements with companies including JERA, Tokyo Gas, CPC, PTT, and POSCO. The Alaska LNG project consists of an 807-mile, 42-inch pipeline to deliver natural gas from Alaska's North Slope for both domestic use and LNG export.

  • The agreement was signed on February 26, 2026 in a ceremony in Washington, D.C.

The players

Glenfarne Group, LLC

A privately held global developer, owner, and operator of energy infrastructure assets, including the majority owner and developer of the Alaska LNG project.

TotalEnergies

A major global energy company that has signed an offtake agreement for 2 MTPA of LNG from the Alaska LNG project.

Dan Sullivan

U.S. Senator from Alaska who witnessed the signing of the agreement.

Nick Begich

U.S. Congressman from Alaska who witnessed the signing of the agreement.

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What they’re saying

“Alaska LNG offers a unique Pacific orientation that complements TotalEnergies' supply strategy and provides Asian customers with direct access to U.S. gas. We are proud to add another partner of their caliber to the project.”

— Brendan Duval, Chief Executive Officer and Founder, Glenfarne Group (businesswire.com)

“We look forward to offtaking LNG from Glenfarne's Alaska LNG project. The Alaska LNG project is indeed very well geographically positioned to better serve our Asian customers. It also illustrates TotalEnergies' ambition to consolidate its position as a leading buyer of U.S. LNG, while diversifying its supply sources. TotalEnergies is indeed very proud to have been the number one exporter of US LNG in 2025 with 19 MT representing 18% of the whole US production.”

— Patrick Pouyanné, Chairman and CEO, TotalEnergies (businesswire.com)

What’s next

The Alaska LNG project will now work to finalize the remaining offtake agreements to reach its target of contracting 80% of the project's 20 MTPA capacity.

The takeaway

This deal with TotalEnergies further solidifies the Alaska LNG project's position as a key supplier of U.S. natural gas to growing Asian energy markets, diversifying global LNG supply sources and providing a new Pacific-oriented export option.