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Trump touts US$200 billion South Korean energy deal ahead of US midterms

Asia-Pacific 1 source 1 country 🔦 Under-reported 46m ago

US President Donald Trump has announced a US$200 billion energy investment agreement with South Korea, timed ahead of the United States midterm elections. The package includes US$54 billion allocated toward a long-discussed liquefied natural gas (LNG) project in Alaska.

In addition to the Alaska LNG initiative, the multi-billion-dollar deal encompasses more than US$100 billion in planned longer-term nuclear power investments from South Korea. The announcement highlights major cross-border energy cooperation and financial commitments between the two allied nations.

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Read the full story at the source South China Morning Post · HK ↗
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