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WASHINGTON — According to White House Press Secretary Katie Zacharia, $54 billion from a South Korean energy investment package is linked to an Alaska liquefied natural gas (LNG) project. This disclosure came during Zacharia's inaugural press briefing at the White House, wherein she emphasized the magnitude of the South Korean energy investment package, valued at up to $200 billion, announced by U.S. President Donald Trump earlier in the month.
President Trump's announcement also included a South Korean energy investment package of up to $200 billion in the United States. This package encompasses up to $120 billion for the construction of eight large-scale nuclear power plants, in addition to $54 billion tied to the Alaska LNG pipeline and terminal, which aims to supply fuel to Pacific Rim allies. Furthermore, the package includes $22.3 billion for a 6-gigawatt natural gas power facility in Texas.
Despite President Trump's announcement, South Korea's industry ministry clarified that the Alaska project has not been finalized. The ministry stressed the uncertainty surrounding South Korea'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.
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