The resolution urges the Export-Import Bank of the United States to prioritize funding for domestic projects, specifically the Alaska Liquefied Natural Gas (LNG) project, which is essential for developing and exporting LNG from Alaska's North Slope. The project, which includes an extensive pipeline and facility capable of exporting significant quantities of LNG, has been in development for over a decade and faces challenges such as securing financing and environmental approvals. The Alaska State Legislature expresses concern that funding for the Mozambique LNG project, which has received substantial support from the Export-Import Bank, may compete with domestic initiatives and undermine long-term national energy security goals.

The resolution highlights the potential negative impact of prioritizing the Mozambique project, which could detract from the demand for Alaska's LNG and ultimately affect U.S. energy security. It calls for the Export-Import Bank to reconsider its funding decisions in light of these concerns and to provide equal support for the Alaska LNG project, ensuring that U.S. interests are aligned with global market dynamics. The resolution will be sent to key officials, including the Acting President of the Export-Import Bank and members of Alaska's congressional delegation.