Trump Announces $54 Billion in South Korean Investment in Alaska Natural Gas Project
2026-09-30 23:13:27
According to CoinMeta, Trump is expected to announce on Wednesday that South Korea will invest approximately $54 billion in a natural gas export project in Alaska. This proposal has long been supported by Republican Senator Dan Sullivan. This investment is the second time this week that Trump has emphasized the foreign investment commitments brought about by his administration's trade policy, with the aim of helping Republican candidates maintain their seats in key Senate elections. The project includes an 807-mile (about 1,300 kilometers) natural gas pipeline that connects the North Slope of Alaska with liquefied natural gas export terminals in the south, and is expected to reduce energy costs for residents of the state by providing a reliable energy supply.
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Source:Fortune
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