Korean officials confirm no deal exists to invest in Alaska natural gas pipeline

By: James Brooks

Outlets: Alaska Beacon

Published: October 1, 2026

Words: 416

Last Updated: 2 weeks, 2 days ago

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Korea has not agreed to invest $54 billion in the proposed trans-Alaska natural gas pipeline — and has not even agreed to invest at all, its national industry minister, Kim Jung-kwan, told reporters in Seoul on Thursday.

His remarks came hours after President Donald Trump held a news conference in the White House to incorrectly proclaim that officials from the Asian nation had agreed to spend $54 billion from a $200 billion investment …

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