Trump touts Korea as source of funding for long-desired Alaska gas project

By: Yereth Rosen

Outlets: Alaska Beacon

Published: October 1, 2026

Words: 1,867

Last Updated: 2 weeks, 2 days ago

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President Donald Trump on Wednesday announced that he had secured a deal with the Republic of Korea to spend $54 billion on a long-desired Alaska natural gas pipeline project, part of a $200 billion package of investments that include a major power plant in Texas and several nuclear power plants.

Trump spoke in glowing terms of an Alaska liquefied natural gas project as a sure accomplishment — even though half …

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