Trump Announces Potential Alaska Gas Pipeline Partnership with Japan and South Korea
- President Donald Trump announced a potential partnership for a $44 billion liquefied natural gas pipeline in Alaska involving South Korea and Japan, aiming to transport gas to Asia's major importers of LNG.
- South Korean Industry Minister Ahn Duk-geun indicated interest in the joint project during a recent visit to Washington, focusing on bilateral cooperation.
- Analysts question the pipeline's commercial viability, highlighting challenges related to its projected launch date in the early 2030s.
- Trump has expressed dissatisfaction with the U.S.-South Korea trade relationship, citing a $66 billion trade deficit according to the U.S. Bureau of Economic Analysis.
74 Articles
74 Articles
Trump Wants to Export More LNG to Asia via Alaska
President Trump touted his administration’s work on a proposed Alaska pipeline needed for a long-stalled $44 billion project to transport natural gas across the state and export it overseas. The 810-mile natural gas pipeline would be among the largest in the world, and Japan, South Korea and other nations want to partner with the United States, investing trillions of dollars each in future purchases of liquefied natural gas (LNG) from the Alaska…
Trump’s tariff strategy to correct trade imbalance revives hopes for $44 billion Alaska gas pipeline
There’s a new wrinkle that could dramatically improve the likelihood Alaska could see a multi-billion dollar liquefied natural gas pipeline built from the North Slope to tidewater in Nikiski. State leaders have for decades attempted to kickstart the mega project that could bring an economic boom to Alaska. Republican President Donald Trump’s tariff wars […] The post Trump’s tariff strategy to correct trade imbalance revives hopes for $44 billi…
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