Trump claims again Korea to invest in Alaska LNG project under trade deal

The Korea Times - Oct 15, 2026

WASHINGTON — U.S. President Donald Trump said Wednesday that Korea will invest $50 billion in a massive liquefied natural gas (LNG) project in Alaska as part of an investment agreement with Washington, despite uncertainty over Seoul's participation. "This 50 Billion Dollar Infrastructure Investment from The Republic of Korea is part of their Trade and Investment Deal with me," Trump wrote on Truth Social, while describing his visit to Alaska for a campaign rally on Tuesday. The remarks were the latest from the Trump administration claiming that Korea is committed to the Alaska LNG project. Seoul has maintained that its participation remains subject to a commercial viability review. Trump also said that Taiwan has agreed to invest $4.4 billion in equity into the project, calling it the "greatest project in Alaska history." White House Press Secretary Katie Zacharia also said Tuesday that $54 billion was tied to the Alaska LNG project as part of a Korean energy investment package. "President Trump also unveiled a Korea energy investment package of up to $200 billion in the United States.

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WASHINGTON — U.S. President Donald Trump said Wednesday that South Korea will invest $50 billion in a massive liquefied natural gas (LNG) project in Alaska as part of an investment agreement with Washington, despite uncertainty over Seoul's participation. "This 50 Billion Dollar Infrastructure Investment from The Republic of Korea is part of their Trade and Investment Deal with me," Trump wrote on Truth Social, while describing his visit to Alaska for a campaign rally on Tuesday. The remarks were the latest from the Trump administration claiming that South Korea is committed to the Alaska LNG project. Seoul has maintained that its participation remains subject to a commercial viability review. Trump also said that Taiwan has agreed to invest $4.4 billion in equity into the project, calling it the "greatest project in Alaska history." White House Press Secretary Katie Zacharia also said Tuesday that $54 billion was tied to the Alaska LNG project as part of a South Korean energy investment package. "President Trump also unveiled a South Korea energy investment package of up to $200 billio

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