Trump Expected to Announce $54 Billion South Korean Investment in Alaska LNG

US President Donald Trump is expected to announce a $54 billion investment from South Korea in the Alaska liquefied natural gas (LNG) project, news agency Reuters and news site Modern Diplomacy reported.

According to sources cited by Reuters, the formal announcement is slated to be made soon, advancing the major energy development initiative in the northern state.

Further details regarding the announcement timeline, the specific companies involved in the deal, and the full terms of the agreement have not yet been released.