Alaska officials seek Japan investors for LNG project touted by Trump

Energy companies, analysts wonder if natural gas pipeline is 'sustainable'

Part of the nearly 1,300-kilometer Alaska oil pipeline: State officials are trying to find investors in Japan to help build a gas pipeline, shipping it to that country as liquefied natural gas. © AP

March 17, 2025 17:51 JST

TOKYO (Reuters) -- Alaskan state representatives will visit Japan this month to court investors for a natural gas project President Donald Trump says could pump trillions of dollars into the U.S., but Japanese energy firms remain skeptical of the project's feasibility.

Officials from the state-run Alaska Gasline Development Corporation (AGDC) and development partner Glenfarne Group will visit "allied Asian nations in late March to update industry leaders on Alaska LNG's economic and strategic competitive advantages, and discuss opportunities for participation," said AGDC spokesperson Tim Fitzpatrick.