LNG

Kogas signs MOU for Alaska LNG

State-owned Alaska Gasline Development Corp. has signed a nonbinding memorandum of understanding with South Korea’s Kogas.
By Staff reporter 7 July 2017 0 26678

State-owned Alaska Gasline Development Corp. (AGDC) has signed a nonbinding memorandum of understanding with South Korea’s Kogas, the AGDC said in a release.

Under the MOU, the AGDC and Kogas will review project investment, development, operations and other areas for the $43 billion Alaska LNG project, which aims to deliver gas from the state’s North Slope region via a 1,300-km pipeline to the liquefaction plant.

The project is scheduled to start up in 2023-2025. Kogas has recently signed several MOUs in the United States, including an agreement...