• ConocoPhillips Alaska signed a 30-year gas sales precedent agreement with Glenfarne Alaska LNG to supply North Slope natural gas for Phase One of the Alaska LNG project.
• The deal secures enough committed volumes to support a Phase One final investment decision, exceeding Alaska’s in-state energy needs.
• Phase One centers on a 739-mile, 42-inch pipeline to deliver gas to Alaska consumers amid declining Cook Inlet production.
• Alaska LNG has now secured precedent agreements with all three major North Slope producers, supporting the project’s initial buildout.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConocoPhillips published the original content used to generate this news brief via Business Wire (Ref. ID: 202605180700BIZWIRE_USPR_____20260518_BW664708) on May 18, 2026, and is solely responsible for the information contained therein.