The approval allows the company to export up to 2.55 billion standard cubic feet per day (Bcf/d) of natural gas from Alaska, for 30 -years.

Under the Natural Gas Act, the DOE needs to grant final approval to export LNG to countries that do not have an FTA, only after determining that the authorized exports are consistent with public interest.

The Alaska LNG Project will include construction of a liquefaction plant and terminal in the Nikiski area on the Kenai Peninsula and an 800-mile, 42-inch pipeline.

As part of the project, the company will also build up to eight compression stations, at least five take-off points for in-state gas delivery, as well as a gas treatment plant on the North Slope.

The Alaska LNG project is expected to create up to 15,000 jobs during construction phase and approximately 1,000 when it becomes operational.

Planned to be completed in 2016, the project is backed by Alaska Gasline Development (AGDC) and affiliates of TransCanada, BP, ConocoPhillips, and ExxonMobil.