New White House spokesperson says $54 bil. tied to Alaska gas project in S. Korean investment package
WASHINGTON — New White House Press Secretary Katie Zacharia said Tuesday that $54 billion was tied to an Alaska liquefied natural gas (LNG) project as part of a South Korean energy investment package, despite uncertainty over Seoul's participation in the project. Zacharia made the remarks during her first official press briefing at the White House while highlighting the South Korean energy…
The White House Press Secretary, Katie Zacharia, announced on Tuesday that $54 billion is tied to an Alaska liquefied natural gas (LNG) project within a South Korean energy investment package. This disclosure came during her inaugural press briefing at the White House, where she emphasized the potential of the South Korean energy investment package, valued at up to $200 billion, which President Donald Trump unveiled earlier this month.
President Trump also unveiled a South Korean energy investment package of up to $200 billion in the United States. This deal includes as much as $120 billion for the construction of eight large-scale nuclear power plants, in addition to $54 billion earmarked for the Alaska LNG pipeline and terminal. This pipeline and terminal are intended to service the Pacific Rim and sell fuel to allies. Furthermore, the package includes a $22.3 billion investment for a 6-gigawatt natural gas power facility located in Texas.
Despite these announcements, South Korea's industry ministry clarified that the Alaska project had not yet been finalized. The ministry emphasized uncertainty surrounding Seoul's participation in the project.
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.
