Industry Roundup: 11 June 2026

Alaska LNG: Labor Unions Sign Workforce MOU with Glenfarne
Alaska’s Building Trades and 8 Star Alaska, a Glenfarne subsidiary, signed an MOU prioritizing Alaska workers for construction on the Alaska LNG Project—a 20 mtpa export facility and 807-mile pipeline from the North Slope. The agreement covers 18 unions affiliated with the Alaska AFL-CIO and provides a framework for Project Labor Agreements across major construction phases. Alaska LNG is expected to generate 12,000 construction jobs and up to 1,000 long-term operations positions. Glenfarne owns 75% of the project; the State of Alaska holds 25% through the Alaska Gasline Development Corporation.

Delfin: Samsung Heavy EPC Signing, Centrica SPA on Vessel 2
Delfin Midstream held a signing ceremony in Washington to execute its EPC contract with Samsung Heavy Industries for Vessel 1 of its planned three-vessel deepwater floating liquefaction project in the Gulf of America, offshore Louisiana. Witnessing the signing were Ambassador Kang Kyung-wha of the Republic of Korea, DOE Undersecretary Kyle Haustveit, and MARAD Administrator Stephen Carmel. Separately, Delfin announced a new SPA with Centrica for 0.25 mtpa on Vessel 2—the first commercial announcement beyond the first vessel. Delfin, an LNG Allies member, is developing three floating liquefaction vessels with first LNG targeted for 2030.

Commonwealth LNG: 20-Bank Global Syndicate Closes Project Financing
Caturus, an LNG Allies member, announced the closing of project finance debt for Commonwealth LNG with a syndicate of 20 leading international financial institutions serving as Initial Coordinating Lead Arrangers. The financing package includes term loans plus reserves and working capital facilities for the 9.5 mtpa export facility under construction in Cameron Parish, La. The lending group spans institutions from the United States, United Kingdom, Canada, Europe, the Middle East, and Asia, including Bank of America, Barclays, Citibank, HSBC, MUFG, Standard Chartered, Wells Fargo, Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Bank of China, BBVA, Santander, DNB, Intesa Sanpaolo, RBC, CIBC, Scotiabank, National Bank of Canada, Truist, and Mizuho. RBC Capital Markets served as debt financial advisor. The breadth of the syndicate reflects strong institutional confidence in USLNG project finance at a moment of elevated global energy demand.