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South Korea questions Alaska gas project

South Korea questions Alaska gas project

South Korea has expressed reservations about the $50 billion Alaska natural gas liquefaction project, indicating that participation in it remains contingent upon a commercial study and financial feasibility. South Korean President Lee Jae-myung emphasized that the project's activation depends on its profitability and legal compliance, while U.S. President Donald Trump confirmed an agreement to work on developing the project, although the financial details have not yet been determined. The project aims to transport natural gas from Alaska's fields over a distance of 1,300 kilometers for export to Asian markets, but its economic viability raises questions due to the significant investments required.

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