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…
Korea has expressed strong disagreement with the United States' unilateral announcement regarding the Alaska liquefied natural gas (LNG) and nuclear reactor projects, emphasizing that it maintains the right to decide on potential investments independently. Industry Minister Kim Jung-kwan lodged a formal protest with U.S. Secretary of Commerce Howard Lutnick over the announcement, which surpassed the scope of the agreed agreements.
The controversy arose after U.S. President Donald Trump unveiled the Alaska LNG project, plans for eight nuclear reactors, and a $22.3 billion Texas combined-cycle gas power plant as components of Korea's $200 billion strategic investment package during a White House announcement on Wednesday (local time). President Trump stated, "Thanks to the agreements my administration has secured with the Republic of Korea, they will invest up to $200 billion.
That's the Korean government, $200 billion to build a six-gigawatt power generation facility in Texas … Eight new large-scale nuclear power plants, and at long last, the Alaska liquefied natural gas pipeline."
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Korea protests US' unilateral announcement on Alaska LNG project koreatimes.co.kr