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Trump Rallies in Wasilla with Promises of Additional Foreign Investment in Gas Line

Korean officials say any investment would come only after a final approval and if the project can beat U.S. Treasury returns.

President Donald Trump touted investments in the Alaska liquefied natural gas project as he sought to boost Republican candidates.

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U.S. President Donald Trump reiterated that South Korea has pledged to invest $50 billion (approximately 67 trillion won) in the Alaska liquefied natural gas (LNG) development project, despite denials from the South Korean government. While the South Korean government maintains the position that it will decide whether to invest after reviewing the project's economic feasibility,

US President Donald Trump visited Alaska, the battleground of next month's midterm elections, to once again argue for South Korea's participation in the liquefied natural gas (LNG) development project and announced that he has decided to invest in Taiwan as well. South Korea is in a position to decide whether to participate after reviewing commerciality, but it is making the project a reality by announcing Taiwan's investment. President Trump st…

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KTOO broke the news on Tuesday, October 13, 2026.
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