Trump to Unveil $200 Billion Investment in US Projects by S. Korea, White House Says
The package includes Alaska LNG, eight nuclear reactors and a Texas gas plant as South Korea weighs commercial risks, officials said.
- President Donald Trump could announce on Wednesday his administration's plan to use South Korea's strategic investment fund for major projects, including approximately $54 billion for the Alaska LNG facility.
- Seoul and Washington have been coordinating these investments under a trade agreement that committed South Korea to investing $300 billion in the United States in return for lower tariffs on Korean goods.
- The Alaska LNG project includes a pipeline transporting gas from Alaska's North Slope to a southern facility for shipping to Asian markets, with JERA and Tokyo Gas signing deals for 2 million metric tons annually.
- Developer Glenfarne has lined up commitments for 13 million tons a year but requires agreements for another 3 million tons and binding commitments to secure necessary financing.
- Amid national polls showing Trump's approval below 40%, the administration previously selected a gas-fired power plant in Texas as the first investment project while Republicans battle to maintain Senate control.
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63 Articles
Trump Set to Unveil $200 Billion of South Korean US Investments
President Donald Trump is expected to unveil plans for South Korea to invest $200 billion in US energy projects, including eight nuclear power plants, a Texas power generation facility and an Alaska natural gas export venture.
Trump to unveil $200 billion investment in U.S. projects by South Korea, White House says
The White House official said the investments would include the Alaska LNG pipeline project, eight large-scale nuclear power plants and a 6-gigawatt power generation facility in Texas.
South Korea commits $54 billion for Alaska LNG pipeline in boost for Sullivan
South Korea is poised to invest around $54 billion to support the construction of a liquefied natural gas pipeline stretching the entire length of Alaska, marking a significant win ahead of the midterm elections for President Donald Trump, who has promised to help the state capitalize on its natural resources.
US President Donald Trump will announce $200 billion in South Korean investment in the US energy sector, including nuclear power plants and natural gas export projects.
Bay News 9
Trump to unveil $54 billion in South Korean investment in Alaska
The Alaska investment comes from pledges made as part of a 2025 trade deal with South Korea.
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