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The Economic Times
The Economic Times
National

Trump plugs $54 billion natural gas project in Alaska, flanked by a senator in a tight race

WASHINGTON - President Donald Trump said South Korea plans to invest about $54 billion in a natural gas project in Alaska, an announcement he made in the Oval Office on Wednesday flanked by a Republican senator who has found himself in a tough reelection race in the state.

But while Trump and Alaska Sen. Dan Sullivan - a two-term senator and long-time advocate for the pipeline project - described it as a fait accompli, South Korean officials were more cautious, saying they needed to assess the project's commercial viability before committing to the investment.

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