Key facts
- South Korea to invest $50 billion in Alaska LNG project, per Trump.
- Taiwan to invest $4.4 billion in equity into the project, per Trump.
- South Korea energy investment package totals up to $200 billion, per White House.
- Package includes up to $120 billion for eight nuclear power plants.
- $54 billion tied to Alaska LNG project, per White House.
U.S. President Donald Trump claimed on Oct. 14, 2026, that South Korea will invest $50 billion in a liquefied natural gas (LNG) project in Alaska as part of a trade and investment deal. Trump made the remarks on Truth Social, describing the investment as part of his "Trade and Investment Deal with me." He also stated that Taiwan has agreed to invest $4.4 billion in equity into the project. White House Press Secretary Katie Zachariah confirmed Tuesday that $54 billion was tied to the Alaska LNG project as part of a broader South Korean energy investment package of up to $200 billion, which also includes funds for nuclear power plants and a natural gas facility in Texas.