Alaska governor blames Biden for LNG project’s investment woes

By Carlos Anchondo | 03/22/2024 07:12 AM EDT

The state-sponsored project includes an 800-mile pipeline to connect Alaska’s North Slope with an export facility, which would ship the gas to Asian markets.

Alaska Republican Gov. Mike Dunleavy speaks to reporters during a news conference last month in Juneau, Alaska.

Alaska Republican Gov. Mike Dunleavy speaks to reporters during a news conference last month in Juneau, Alaska. Becky Bohrer/AP

Alaska Gov. Mike Dunleavy accused the Biden administration Thursday of making investors “skittish” about the state’s $43 billion liquefied natural gas project.

The Republican governor, speaking at the CERAWeek by S&P Global energy conference, said the proposed Alaska LNG project is “challenged by economics.”

“I think what’s happening right now is because of the uncertainty that the current administration has cast upon all resource development, that investors are a little skittish, until, seriously, Nov. 5 to find out what’s going on,” Dunleavy said.

Advertisement

Dunleavy has endorsed former President Donald Trump, who will face off against President Joe Biden in the November presidential election.

GET FULL ACCESS