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      Trump Announces $130 Billion Investment in Alaska LNG Project

      Former U.S. President Donald Trump has announced a significant investment in the Alaska liquefied natural gas (LNG) project, totaling $130 billion. This investment includes a commitment from South Korea, which will contribute $50 billion towards the project.

      Additionally, Taiwan has pledged to purchase between $70 billion and $80 billion in LNG over the next 20 years. As part of this agreement, Taiwan will also invest $4.4 billion in equity, which will secure 30% of the pipeline's capacity.

      Trump stated that all necessary permits and authorizations for the project have been secured, paving the way for the development of this major energy initiative in Alaska.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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