Trump says he did not 'jump the gun' on South Korea Alaska LNG investment announcement

Economic Times - Oct 3, 2026

Trump recently stated that he did not prematurely announce a South Korean investment in Alaska's LNG project. The $200 billion investment plan includes the building of eight large nuclear power plants and LNG infrastructure. However, South Korea's commitment to the $54 billion pipeline remains uncertain, prompting mixed responses. Officials in Seoul expressed surprise regarding claims about funding tied to crude oil projects.

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