Alaska LNG project has reported a growing interest in the massive pipeline project from over 50 companies as the project nears a potential start. 

On Tuesday, U.S.-based energy Developer Glenfarne said in a press release that more than 50 companies have formally expressed their desire to work on contracts worth $115 billion, bringing the ambitious pipeline closer to implementation. 

The Alaska LNG project, championed by President Donald Trump, seeks to construct an 800-mile (1287 km) pipeline transporting natural gas from Alaska’s far north to the Gulf of Alaska has been in discussions for decades. However, it has never been realized.

With the Trump Administration's push for bilateral trade balance and reciprocal tariffs, U.S. allies such as Japan and South Korea have expressed willingness to join the project.

Glenfarne added that the company’s unit responsible for overseeing the ambitious project had completed the first round of partner selection and received interest from many firms, mainly from the United States, India, Korea, Japan, Thailand, Taiwan, and the European Union.

Among the top companies that have expressed interest is the Japan-based JERA, sources familiar with the deal told Reuters News Agency, adding that Japan is still hesitant to back their companies for the project due to its high stakes. 

In March 2025, Taiwan's state-backed energy company, CPC, signed a non-binding agreement to invest in the pipeline project and buy LNG from it when it begins operations. 

Taiwan’s President Lai Ching-te supported this move, saying the project would help boost the Island’s energy security. 

Last month, Glenfarne awarded Worley a contract to carry our engineering and finalized cost estimates to allow final investment decision this year as the project gears for a potential start in 2026. 

If implemented, the Alaska pipeline would provide a major gateway for U.S.-made LNG to Asian markets, supplying up to 20 million metric tons of liquefied gas annually.