Business
Trump to announce $200bn in South Korean energy investments, $54bn for Alaska LNG
September 30, 2026 at 07:01 PM
Coverage
2 reports · 1 in Arabic, 1 in English · over 1 hour
The White House will host President Trump on Wednesday to announce $200bn in investments from South Korea, including a $54bn liquefied natural gas project in Alaska.
- Trump is expected to announce South Korean investments totalling $200bn, including the $54bn Alaska LNG project, from the White House on Wednesday.
- The Alaska project entails a 1,300km (807-mile) gas pipeline linking the North Slope region to a southern export terminal.
- White House spokeswoman Taylor Rogers said the investments deliver on Trump's promises to unleash American energy and accelerate the nuclear energy push.
- The investments stem from a $350bn trade agreement signed with South Korea last November, under which Seoul committed $200bn to strategic sectors.