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Alaska LNG Agreement Supports Energy Security.
ConocoPhillips and Glenfarne Alaska LNG LLC signed a 30-year North Slope gas supply agreement.
KEY POINTS
- The agreement secures enough gas volume for Alaska LNG Phase One's final investment decision.
- Glenfarne now owns 75% of the Alaska LNG project, with Alaska holding 25% via AGDC.
- ConocoPhillips plans to add one rig in the Permian Basin in the second half of 2026.
COMPANIES
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