Trump Vows to Charge Korea More If They Don’t Invest in Alaskan LNG Project

Trump is pushing hard for Korean investment in this Alaskan energy project:

U.S. President Donald Trump on Friday threatened to “charge” South Korea “more” if it does not agree to invest in a liquefied natural gas (LNG) project in Alaska, which he has claimed the Asian country will participate in.

Trump made the remarks during a press availability at the White House, two days after he unveiled the first package of Korea’s U.S. investment projects under last year’s bilateral trade deal, which he said consists of the LNG project, the construction of a gas-fired power plant in Texas and eight large-scale nuclear power plants. 

On the LNG project, Seoul has said that it has not yet finalized a decision on whether to participate.

“I didn’t jump ⁠the gun. I mean, they were there ‌and they were ‌represented,” he told reporters. “And let’s ‌see, if they don’t want ⁠to do it, that’s okay with ⁠me. I’ll ⁠just charge them more.”

Yonhap

You can read more at the link.

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setnaffa
setnaffa
31 minutes ago

South Korea wants oil and gas. And it’s time to pay the bill.

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