LIVE: Trump Unveils $54 Billion Alaska LNG Deal | South Korea Backs Huge US Energy Project
LIVE as President Donald Trump announces South Korea’s planned $54 billion investment in the long-delayed Alaska LNG project.
The project includes an 807-mile pipeline connecting Alaska’s North Slope to an LNG export terminal on the state’s southern coast, with the gas ultimately intended for Asian markets.
The project has faced years of questions over financing, costs and commercial viability. South Korean investment could provide a major source of financing, while Japan’s LNG buyers have already signed preliminary purchase agreements.
Watch LIVE for Trump’s Alaska LNG announcement and the latest US energy developments.
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