White House links $54 bil. in S. Korean investment to Alaska gas project

The Korea Times - Oct 13, 2026

WASHINGTON — New White House Press Secretary Katie Zacharia said Tuesday that $54 billion was tied to an Alaska liquefied natural gas (LNG) project as part of a South Korean energy investment package, despite uncertainty over Seoul's participation in the project. Zacharia made the remarks during her first official press briefing at the White House while highlighting the South Korean energy investment package worth up to $200 billion that U.S. President Donald Trump announced earlier this month. "President Trump also unveiled a South Korea energy investment package of up to $200 billion in the United States. This is an amazing deal. This includes as much as $120 billion to build eight large-scale nuclear power plants," Zacharia said. "In addition to that, there is $54 billion tied to the Alaska LNG pipeline and terminal to service the Pacific Rim and sell fuel to our allies as well as $22.3 billion for a 6-gigawatt natural gas power facility in Texas." Following Trump's announcement, South Korea's industry ministry, however, said the Alaska project had not yet been finalized, stressing

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