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Glenfarne Finalizes 20-Year LNG Supply Deal with POSCO
ByAinvest
Thursday, Dec 4, 2025 1:05 pm ET1min read
Glenfarne Group has finalized a 20-year liquefied natural gas (LNG) supply deal with South Korea's POSCO. The deal will provide POSCO with 1 million tons of LNG per year, with the first delivery expected in 2027. Glenfarne Group will also invest in POSCO's Alaska LNG project, which aims to increase LNG production by 1 million tons per year. The deal is expected to strengthen POSCO's position in the global LNG market and support Glenfarne Group's growth in the Asian market.
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