Trump Warns South Korea of Higher Costs if It Delays Signing Alaska LNG Deal

10/04/2026, 07:32 PM politics announcement

President Trump stated that South Korea could face increased costs if it does not quickly commit to the Alaska LNG project, suggesting that they might pay 'double' if they delay.

This statement reflects ongoing disagreements between the U.S. and South Korea regarding energy and infrastructure investments, as South Korea has indicated that its participation is still under evaluation based on commercial viability and legal compliance.

Trump also mentioned an additional $8.4 billion enhanced oil recovery project, which South Korean media reported was not part of any finalized agreements. The South Korean industry ministry is seeking clarification from the U.S. on these announcements, indicating that the situation remains fluid and could affect future negotiations and tariffs

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