Trump Tariffs Spur Asian Interest in Massive Alaska LNG Project

Apr 20, 2025
CNBC
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Summary

President Trump's tariffs have sparked interest from Japan, South Korea, and Taiwan in investing billions in the massive Alaska LNG project, which involves building an 800-mile pipeline and export facility, as a potential trade deal to avoid high U.S. tariffs.

Key Points

  • President Trump's tariffs are pushing Japan, South Korea and Taiwan to consider investing in the massive Alaska LNG project to reach trade deals and avoid high U.S. tariffs.
  • The Alaska LNG project involves building an 800-mile pipeline, gas processing plant and LNG export facility at an estimated cost of over $40 billion.
  • The Asian countries are considering financing the project and signing long-term contracts to purchase large volumes of LNG from Alaska as part of potential trade agreements with the U.S.

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