(LEAD) Trump unveils S. Korea's investment plans for Alaska LNG project, Texas power plant, 8 nuclear reactors
WASHINGTON, Sept. 30 (Yonhap) -- U.S. President Donald Trump on Wednesday unveil...
U.S. President Donald Trump announced South Korea's energy investment plans on Wednesday, including a Texas gas-fired power plant, eight nuclear power plants, and an Alaska liquefied natural gas project. These investments are part of a $350 billion deal from last year, with $150 billion for shipbuilding and the remaining funds allocated for strategic investments.
Trump emphasized the magnitude of the energy infrastructure investments, describing the Texas plant as one of the largest in American history. The South Korean government is reportedly committed to investing up to $200 billion in Texas for a 6-gigawatt power plant, while $120 billion will be invested in eight nuclear power plants across various U.S. states.
The Alaska LNG project is set to receive over $50 billion, including a $20 billion contingency fund.
Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
