— Negotiations began in November 2017 Trade tensions between US and China adding complications Alaska has extended a deadline for Chinese companies to agree on LNG purchases and financing for the $43 billion Alaska LNG project, a spokesman for the state-owned Alaska Gasline Development Corporation said Thursday. If built, the project would export up to 20 million mt of LNG yearly, with 15 mt/year reserved for China in the deal now being discussed and 5 million mt/y to be available for other customers. AGDC is also in talks with potential buyers in Japan and Vietnam. “The [Chinese] parties are actively engaged in negotiations and intend to reach a definitive agreement by June 30, 2019,” said Jesse Carlstrom, spokesman for AGDC. This is a six-month extension from the original deadline of December 31, 2018, which was set in […]