White House links $54 bil. in S. Korean investment to Alaska gas project
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 from a South Korean energy investment package is tied to an Alaska liquefied natural gas (LNG) project. This figure was disclosed during her first official press briefing at the White House, as part of President Donald Trump's announcement of a $200 billion South Korean energy investment package in the United States.
The package includes $120 billion for the construction of eight large-scale nuclear power plants, $54 billion for the Alaska LNG pipeline and terminal to supply fuel to Pacific Rim allies, and $22.3 billion for a 6-gigawatt natural gas power facility in Texas. However, the South Korean industry ministry has stated that the Alaska project has not yet been finalized, indicating uncertainty surrounding Seoul's involvement in the project.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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