3 hrs ago
South Korea Pledges Up to $200 Billion for US Energy
President Donald Trump said South Korea may invest up to $200 billion in energy projects in the United States.
The projects include eight nuclear power plants.
They also include a large power station in Texas.
Another project is a long-planned gas pipeline in Alaska.
The pipeline would carry gas about 807 miles to a shipping terminal.
The terminal could make up to 20 million metric tonnes of liquefied natural gas each year.
The money is part of broader trade and investment agreements between the two countries.
However, the announced $200 billion is a maximum commitment, not money that has already been spent.
President Donald Trump announced up to $200 billion in South Korean government investment in United States energy projects.
The plans include eight nuclear power plants, a six-gigawatt Texas power facility and the Alaska LNG pipeline.
The Alaska project is planned as an 807-mile pipeline from Alaska’s North Slope to an export terminal in southern Alaska.
The terminal is designed to produce up to 20 million metric tonnes of liquefied natural gas annually.
The announcement describes investment commitments and a maximum amount, not money already transferred or spent.
- Who
- President Donald Trump announced the planned investment by the South Korean government.
- What
- South Korea is expected to invest up to $200 billion in United States energy projects, including nuclear plants, a Texas power facility and Alaska LNG.
- Where
- The projects are in the United States, including Texas and Alaska.
- When
- The announcement was made on Wednesday, local time; the related trade framework was described as dating to November 2025.
- Why
- The investments are linked to a broader trade and strategic investment agreement intended to advance energy projects and strengthen trade, investment and energy security.
Key facts
- Maximum investment
- Up to $200 billion from the South Korean government
- Texas project
- A six-gigawatt power generation facility
- Nuclear projects
- Eight planned large-scale nuclear power plants
- Alaska pipeline length
- 807 miles, or approximately 1,300 kilometres
- LNG capacity
- Up to 20 million metric tonnes annually
- Alaska LNG allocation
- $54 billion
- Annual dollar limit
- South Korea would not be required to provide more than $20 billion in US dollars in any calendar year
Quotes
Donald Trump
President of the United States who announced the investment commitments
“Thanks to the agreements my administration has secured with the Republic of Korea, they will invest up to $200 billion; that's the Korean government, $200 billion to build a six-gigawatt power generation facility in Texas.”
thehansindia.com
“Today, we're thrilled to announce one of the largest energy infrastructure investments in American history.”
thehansindia.com
Sources
Related news
South Korea, Kazakhstan Expand Nuclear Energy and Mineral Cooperation
Trump Proposes $10 Billion Fund for Middle East Energy
South Korea Rules Out Troops Amid Trump’s Iran War Pressure
Republican Lawmaker Urges Scrutiny of South Korea’s China Ties
US AI Infrastructure Investment May Reach $1.4 Trillion
Adani Power Begins ₹48,000 Crore Assam Thermal Project
Trump Announces 32-Day Campaign Tour Ahead of 2026 US Midterms
Trump Says He Failed to Explain His Economic Record
US Conservative Podcasters Face Backlash Over Indian Immigration Discussion
SpaceX Starship Reaches Orbit, Ends Historic Flight Early
