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Trump says he did not 'jump the gun' on South Korea Alaska LNG investment announcement
Seoul says the pipeline deal is not finalized as Trump cites a broader $200 billion South Korean investment package.
- On Friday, President Donald Trump denied he "jumped the gun" on announcing a South Korean investment in Alaska LNG, a project that has been planned for decades but still lacks binding commitments.
- Trump unveiled plans on Wednesday for South Korea to invest $200 billion in U.S. projects, but Seoul quickly suggested the $54 billion Alaska LNG pipeline component was not yet set in stone.
- Stretching over 800 miles, the 1,300-kilometer pipeline would connect the North Slope to an LNG liquefaction facility in Nikiski, though the project would cost twice as much as a comparable Gulf Coast plant.
- Trump told reporters at the White House regarding hesitation: "If they don't want to do it, that's okay with me. I'll just charge them more." He also claimed the deal includes $8.4 billion for an oilfield project.
- The projects fall under South Korea's broader $350 billion strategic investment package made last year, though Seoul officials maintain commitments are limited to a November 2025 joint fact sheet with Washington.
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Trump says he did not 'jump the gun' on South Korean investment announcement
U.S. President Donald Trump on Friday said he did not jump the gun on announcing a South Korean investment in Alaska. I didn't jump the gun. I mean, they were there and they were represented. And... -October 02, 2026 at 04:09 pm EDT MarketScreener
·Annecy, France
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Trump says he did not 'jump the gun' on South Korea Alaska LNG investment announcement
US President Donald Trump said on Friday he did not "jump the gun" on announcing a South Korean investment in Alaska LNG, a liquefied natural gas project that has been planned for decades but still lacks binding commitments.
·London, United Kingdom
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Total News Sources7
Leaning Left1Leaning Right1Center5Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
14%
C 72%
14%
Factuality
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