Korea protests US' unilateral announcement on Alaska LNG project
Korea on Thursday stressed that it retains discretion in deciding whether to invest in the Alaska liquefied natural gas (LNG) and nuclear reactor projects in the U.S., refuting the U.S. side's announcement that implied the two countries confirmed proceeding with the projects. Industry Minister Kim Jung-kwan said he lodged a protest with U.S. Secretary of Commerce Howard Lutnick over "the…
The Korea Times reports that the Korean government has rejected the U.S. announcement regarding the Alaska LNG project and plans for eight nuclear reactors, stating that it maintains the discretion to decide on investing in these projects. Industry Minister Kim Jung-kwan lodged a protest with U.S. Secretary of Commerce Howard Lutnick over the unilateral announcement, which exceeded the agreed-upon terms.
This dispute arose after President Donald Trump presented the Alaska LNG project, eight nuclear reactors, and a $22.3 billion Texas combined-cycle gas power plant as part of Korea's $200 billion strategic investment package during a White House announcement on Wednesday.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Korea protests US' unilateral announcement on Alaska LNG project koreatimes.co.kr
