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Trump unveils South Korean investment in US energy projects

Donald Trump said South Korea has agreed to invest in an LNG project in Alaska, but Seoul has said it will only proceed once certain conditions are met.

US President Donald Trump announced that South Korea will invest $200 billion in energy projects in the United States. Among these investments are $54 billion allocated for a liquefied natural gas (LNG) pipeline project in Alaska and a $22.3 billion natural gas-fired power project in Texas. The South Korean government expressed regret over Trump's announcement, stating that certain conditions must be met before proceeding with the Alaska LNG pipeline project.

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