Trump Allocates $900 Billion from South Korea and Japan to Alaska Gas Project
NATURAL GAS
U.S. President Donald Trump announced a $900 billion investment from South Korea and Japan for the Alaska natural gas development project, which includes a 1,300 km pipeline and has an initial cost of $45 billion.
South Korea committed $350 billion, while Japan pledged $550 billion, with concerns raised about South Korea's cautious approach to profitability. Trump highlighted the project's importance in relation to trade agreements that lowered tariffs, aiming to bolster U.S. energy exports under the 'America First' policy.

Jan 21, 2026, 1:35 PM