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CBS NEWS

Trump says South Korea will put about $54 billion into the Alaska LNG pipeline

Political Guyentist · October 1, 20261 min read

CBS NEWS

The money is about 15% of the $350 billion South Korea pledged in its 2025 tariff deal, and timing and financing are still uncertain.

The project and the pitchThe 807-mile pipeline would run from the North Slope to a southern Alaska export terminal; the build is projected at 3 years, with…3 details
  • The 807-mile pipeline would run from the North Slope to a southern Alaska export terminal; the build is projected at 3 years, with exports 2 years later if financing comes through.
  • Korea's announced US energy investments also include a Texas gas plant and eight nuclear plants.
  • Bloomberg calls it the second such Oval Office announcement this week in a battleground Senate state, after Iowa.

What we’re less sure of3 of 6 claims