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Trump Urges S. Korea to Invest in Alaska LNG Project

U.S. President Donald Trump has urged South Korea to invest in the Alaska liquefied natural gas (LNG) project, warning that the country could face higher costs if an agreement is not reached promptly. While the South Korean government has clarified that neither the decision to invest nor the scale of investment has been finalized, Trump called for faster progress on the project, threatening to double the costs if South Korea does not sign the deal soon.

The Alaska LNG project is a large-scale undertaking involving a 1,300-kilometer pipeline to export gas from the North Slope, with potential benefits for diversifying South Korea's energy sources, but faces challenges in commercial viability and construction costs.

Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesskorea.co.kr →

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