0:28

Luke Saugier

20:04 - 20:32

"North Star is one of the fields where we have a signed gas sale precedent agreement with Glenfarn to supply gas for Phase 1."

North Star is one of the fields where we have a signed gas sale precedent agreement with Glenfarn to supply gas for Phase 1.
Speaker
Luke Saugier
Community
Alaska News
Location
Juneau
Captured at
June 8, 2026

From the transcript

We would need to work with AOGCC and get their permission to sell this gas resource. I misspoke in front of, I think, the House Finance Committee and said we didn't need their permission. We do. But I'm very confident that we would get to agreement with AOGCC to sell the North Star gas. And North Star is one of the fields where we have a signed gas sale precedent agreement with Glenfarn to supply gas for Phase 1.

Related Coverage

All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line

Three major North Slope producers told the Alaska Senate Finance Committee they signed gas sale precedent agreements for Alaska LNG Phase 1 and will sell at the lease line. That structure means midstream pipeline and treatment costs won't be deductible against oil production tax.

Alaska Newsby Alaska News3mo ago3 min readAI
Juneau
Cover image for article: All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line