A New Phase in North American LNG Exports
OUR FIRST PROJECT
Qilak LNG's North Slope Project
The Qilak LNG 1 Project will capitalize on recent developments in Arctic LNG technology allowing natural gas to be directly exported from the North Slope of Alaska. This will significantly reduce the capital cost compared to projects that require a long-distance pipeline and a large minimum LNG order. Phase 1 of the Qilak LNG 1 Project will have an export capacity of 4 MTPA, with additional capacity planned to come online in future phases as determined by gas supply and global demand.
The export of North Slope LNG has strong support across the political spectrum.
As seen with other global arctic LNG export projects, the concept it proven and economically competitive compared with more complex and costly traditional solutions.
Proven gas reserves of 920 bcm (32.4 TCF) in U.S. Artic with existing gas production infrastructure in place.
Widespread political support at local, State and Federal levels
Qilak holds significant late-stage offtake opportunities due to its relationship with Lloyds Energy Asian import projects.
Gas supply agreement
Qilak LNG recently signed an MOU with ExxonMobil Alaska for enough gas supply to cover Qilak’s first phase 4 mtpa project.
About Qilak LNG
Qilak LNG was formed to identify and develop Arctic LNG projects in North America. Using a near-shore concept, Qilak LNG plans to commercialize previously stranded Arctic natural gas supplies for export to Asian markets. The Qilak LNG team has a high level of competence achieved through decades of experience in the LNG industry and extensive knowledge developing projects and operations on the North Slope of Alaska. Working with its group affiliates, Qilak LNG can draw on technical, marketing, and financial resources developed across a global range of projects currently under development.
As a Lloyds Energy Company, Qilak LNG is a core component of Lloyds Energy’s integrated business model which includes its global LNG export projects under development which will convert natural gas, through licensed liquefaction process technologies, into LNG. In addition to export terminals, Lloyds Energy is working with LNG offtake customers to design and build import terminals that offer floating storage and regasification facilities. These projects deliver a faster timeline to first delivery and provide significant cost savings.
Go to Lloyds Energy Company website.