Trump unveils $200 billion South Korean energy plan, but Alaska LNG remains unsettled

Donald Trump unveiled a plan for South Korea to put up to $200 billion into U.S. energy projects, including eight nuclear reactors and a gas-fired power plant in Texas. The most consequential piece is a proposed $54 billion role in Alaska LNG, a long-delayed effort to move North Slope gas through an 800-mile pipeline, chill it into liquid form, and ship it to Asian buyers. That money would give the project the financial scale it has lacked, but it is not a signed commitment: Seoul says it is still reviewing whether Alaska LNG makes commercial sense and meets its legal requirements, with no decision on investment size. In other words, the package advances a major U.S. infrastructure push, but its most ambitious component remains a proposal rather than a financed build.