Trump urges S Korea to approve LNG deal

U.S. President Donald Trump announced that he has asked South Korea to agree to participate in an LNG project in Alaska, with costs reaching up to $50 billion, warning that they could pay double that amount if they do not sign the agreement soon. He confirmed that Washington is prepared to impose higher fines or tariffs on Seoul if an agreement is not reached. He also mentioned ongoing discussions about the project's feasibility and South Korea’s compliance with legal procedures. Additionally, he pointed to an extra project valued at $8.4 billion aimed at boosting oil production using techniques such as carbon dioxide injection, although this was not part of previous agreements between the two countries.

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