New White House spokesperson says US$54 bln tied to Alaska gas project in S. Korean investment package
WASHINGTON, Oct. 13 (Yonhap) -- New White House Press Secretary Katie Zachariah ...
On October 13, the White House Press Secretary, Katie Zachariah, announced that a staggering US$54 billion was included in the South Korean energy investment package tied to an Alaska liquefied natural gas (LNG) project. This disclosure came during her inaugural press briefing at the White House, where Zachariah highlighted the significant US$200 billion energy investment package that President Donald Trump had announced earlier in the month.
President Trump unveiled the South Korean energy investment package, which includes a substantial US$120 billion earmarked for the construction of eight large-scale nuclear power plants. Additionally, the package allocates US$54 billion for the Alaska LNG pipeline and terminal, designed to service the Pacific Rim and supply fuel to US allies. Furthermore, US$22.3 billion is allocated for a 6-gigawatt natural gas power facility in Texas.
However, subsequent reports from South Korea's industry ministry have cast doubt on the finalized status of the Alaska project. The ministry emphasized that crucial factors such as commercial viability needed to be thoroughly evaluated before any investment decision could be made.
Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
