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Korea Disputes US Claim on Alaska LNG Investment

Guavy AI Editorial Team
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Natural Gas
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South Korea has disputed US President Donald Trump's claim that the country agreed to invest $54 billion in an Alaska liquefied natural gas project. According to Industry Minister Kim Jung-kwan, Seoul had only agreed to proceed with the project if it proves economically viable.

In a televised briefing on Thursday, Minister Kim stated that South Korea expressed its regret to US Commerce Secretary Howard Lutnick 'that what was reported today went beyond what had been agreed.'

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