S. Korean envoy reaffirms Seoul's conditional approach to proposed Alaska LNG project

Washington - South Korea's high-ranking envoy to the United States, Ambassador Kang Kyung-wha, affirmed Seoul's cooperative stance on the proposed Alaska liquefied natural gas (LNG) project in a Washington Post opinion piece. The envoy highlighted commercial and legal conditions that must be met for potential participation in the project.

Seoul has committed $350 billion in investments to the United States, and the two nations have agreed to work on the Alaska LNG project under commercial feasibility and relevant domestic legal requirements. The White House had previously stated that $54 billion was linked to the Alaska project, but Seoul has insisted that its involvement remains contingent on a commercial viability review.

Kang did not disclose the exact investment amount for the Alaska project, but emphasized the financial commitments for other significant energy initiatives in the United States. She stated that the two governments had reached an agreement on the framework for the proposed project.