Trump Set to Unveil Korea's $54 Billion Alaska LNG Investment

Trump is expected to announce the first phase of South Korea's $350 billion investment commitment, possibly including a $54 billion Alaska LNG project with a 1,300-km pipeline to Nikiski. Seoul's current priority is a $22.3 billion gas-fired combined-cycle plant in Encinal, Texas.

• Total package is $350 billion: $150 billion for shipbuilding and $200 billion for strategic investments
• The Alaska LNG project is valued at $54 billion with a 1,300-km pipeline
• Seoul's priority is the $22.3 billion Encinal power plant in Texas
• The deal cuts U.S. tariffs on South Korean exports from 25% to 15%