U.S. President Donald Trump unveiled the plan as part of a broader South Korean package, though Seoul said it had not yet decided whether to fund it.
President Donald Trump’s push to steer $54 billion of South Korean investment into Alaska liquefied natural gas is putting a fresh focus on a 20 million-ton-a-year export project that would cost more than twice as much as a comparable U.S. Trump unveiled the plan on Wednesday as part of a broader $200 billion South Korean package. Seoul quickly said it had not yet decided whether to fund Alaska LNG and would first review the project’s commercial viability.
So far, we have not seen evidence of that,” said Jason Feer, head of business intelligence at Poten & Partners.
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