Key facts
- New White House Press Secretary Katie Zachariah stated $54 billion is tied to an Alaska LNG project.
- The $54 billion is part of a South Korean energy investment package worth up to $200 billion.
- The package also includes $120 billion for eight large-scale nuclear power plants.
- An additional $22.3 billion is designated for a 6-gigawatt natural gas power facility in Texas.
- South Korea's industry ministry has not finalized the Alaska project, pending a commercial viability review.
New White House Press Secretary Katie Zachariah announced Tuesday that $54 billion is earmarked for an Alaska liquefied natural gas (LNG) project as part of a broader South Korean energy investment package in the United States. The total package, unveiled by U.S. President Donald Trump earlier this month, is valued at up to $200 billion.
During her first official press briefing, Zachariah detailed that the $200 billion investment includes as much as $120 billion for the construction of eight large-scale nuclear power plants. Additionally, $54 billion is designated for the Alaska LNG pipeline and terminal, intended to serve the Pacific Rim and supply fuel to allies, while $22.3 billion is allocated for a 6-gigawatt natural gas power facility in Texas.
However, South Korea's industry ministry has since clarified that the Alaska project has not yet been finalized. The ministry emphasized that any investment decision would be contingent upon a thorough review of the project's commercial viability and other relevant factors.