en.Wedoany.com Reported - Glenfarne has signed a memorandum of understanding with multiple Alaska building trade unions, laying the framework for a labor agreement for the proposed Alaska LNG project, which is expected to create 12,000 construction jobs.
The memorandum of understanding was signed by the Southcentral Alaska Building and Construction Trades Council, the Fairbanks Building and Construction Trades Council, the Alaska Oil and Allied Process Council, and the president of Glenfarne's unit, 8 Star Alaska. Glenfarne noted that the Building Trades Council consists of 18 independent unions affiliated with the Alaska AFL-CIO, representing 50,000 workers who collaborate with construction contractors from the North Slope to Kodiak.
Glenfarne stated that the agreement reflects a shared commitment to "Alaska First" and will create opportunities for Alaskan workers and contractors in developing one of the largest energy infrastructure projects in the state's history. The memorandum provides a framework for negotiating a project labor agreement, covering labor stability, workforce availability, and collaboration between the building trades and project contractors throughout the development and construction process.
The agreement covers future project labor agreements related to Phase 1 camp construction, camp operations, and logistics, as well as Phase 2 major facilities, including LNG export facilities, gas treatment facilities, compressor stations, module installation, transportation logistics, and related site work. Glenfarne stated that pipeline installation and construction activities, including pipeline right-of-way operations, pipeline transportation, gravel processing, access roads, pipeline yards, and mainline pipeline construction, are expected to be governed by a separate project labor agreement.
According to the company, Alaska LNG is expected to create 12,000 construction jobs, provide natural gas to Alaskans, generate revenue for the state, and position Alaska as a global LNG supplier. The project is expected to create 1,000 long-term operational jobs, and economic studies indicate that each direct job in the oil and gas industry supports 15 indirect jobs. Glenfarne, which became the majority equity holder last year, is developing Alaska LNG in two financially independent phases. Phase 1 includes a 739-mile (1,287-kilometer) pipeline, and Phase 2 will add an LNG liquefaction terminal in Nikiski and related infrastructure for exporting 20 million tons of LNG annually. The company recently revealed that the cost of both phases is estimated at up to $54.5 billion.
In related developments, the Alaska House of Representatives passed HB 381, establishing a volume-based tax structure for the proposed Alaska LNG project. Governor Mike Dunleavy stated in a press release that the legislation replaces the traditional property tax system with a predictable, volume-based tax framework applicable to natural gas transported through the Alaska LNG pipeline, helping to enhance the project's competitiveness while providing long-term certainty for communities, investors, and project partners. The bill has been submitted to the Alaska Senate for consideration.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
