Trump to unveil US$54b South Korea investment in Alaska gas project

September 30, 2026

Share this article

Trump to unveil US$54b South Korea investment in Alaska gas project

Click to view full size

NEW YORK, United States (AFP) — President Donald Trump is expected to announce Wednesday major South Korean investments in United States (US) energy, including $54 billion towards a long-discussed liquefied natural gas project in Alaska.

A White House press officer posted a Bloomberg story outlining the plan, which is timed to boost the reelection prospects of Alaska Republican Senator Dan Sullivan.

The project, championed by Glenfarme Group, a New York and Houston-based industrial project developer, envisions the construction of an 800-mile pipeline to transport natural gas from the Alaska North Slope to a liquefaction facility near Anchorage to prepare for export towards Asia.

Need the bigger picture?

Ask Gazette to explain what led here, surface earlier reports, or build a timeline from our coverage.

Open Ask Gazette

Sourced from Jamaica Observer. Visit their website to read the full story.

Share this article

Comments (0)

Download our mobile app

The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.

Get it for Android Get it for iOS