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Trump secures $54 billion South Korea deal to export Alaska natural gas
Clear Facts
- President Donald Trump announced a $54 billion South Korean investment for an Alaska natural gas export project.
- The deal forms part of White House initiatives to boost American manufacturing and employment ahead of November midterm elections.
- The project centers on exporting liquefied natural gas from Alaska to South Korea.
President Donald Trump announced the $54 billion South Korean investment during a White House briefing on energy and manufacturing policy.
The agreement focuses on developing an Alaska LNG export facility to supply natural gas to South Korea under long-term contracts.
Sen. Dan Sullivan says the Alaska LNG project could deliver low-cost energy to Alaskans for 50 to 100 years while creating 12,000 construction jobs.
“This is the project that is going to keep our kids and grandkids in Alaska with a great, bright future.”
Watch OAN on OAN Live… pic.twitter.com/dwI0NfamEi
— One America News (@OANN) September 30, 2026
.@GovDunleavy: “This is an incredible day for the state of Alaska… This will transform the state of Alaska.” https://t.co/YbpLPOvbJY pic.twitter.com/kjgubaTHWT
— Rapid Response 47 (@RapidResponse47) September 30, 2026
On the first day of @POTUS' new administration, he asked how we can build the LNG pipeline in Alaska.
Today, we have the answer.
The Alaska LNG Project will be the largest infrastructure project built in the last 50 years.
This is an incredible day for America. pic.twitter.com/FOIH6BwX2K— Secretary Chris Wright (@SecretaryWright) September 30, 2026
Administration officials framed the deal as part of a broader effort to expand domestic energy production and create high-paying jobs in Alaska and related industries.
White House statements emphasized the importance of American energy exports for strengthening alliances and reducing reliance on foreign energy sources.
The investment is expected to support construction, engineering, and operational roles tied to the LNG infrastructure buildout.
Energy analysts noted that the Alaska project could position the United States as a leading supplier of liquefied natural gas to Asian markets.
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