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 has linked $54 billion in South Korean investment to an Alaska gas project, as part of a larger energy investment package worth up to $200 billion, announced by President Donald Trump. According to White House Press Secretary Katie Zacharia, the investment includes $120 billion for eight large-scale nuclear power plants, $54 billion for an Alaska liquefied natural gas (LNG) pipeline and terminal, and $22.3 billion for a 6-gigawatt natural gas power facility in Texas.
However, South Korea's industry ministry has not yet confirmed the finalization of the Alaska 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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