February 24, 2025 14:27 GMT
AMERICAS OIL: Japan & Korea Have Strong Interest in Alaskan LNG: LEF
AMERICAS OIL
Japan & Korea Have Strong Interest in Alaskan LNG: LEF
Japan and Korea have a strong interest in supporting Alaskan LNG, Michael Stoppard, Global Gas Strategy Lead told the LEF.
Given its geographical location cutting shipping times, supporting the project could be a potential strategy to avert US tariffs under Trump.
However, Stoppard cautioned that the project is difficult to realise since Alaska LnG is high cost and must due to the $40 billion capex investment.
To be economical, it must be done at scale, necessitating high volumes
It will not likely materialise until after 2030.
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