U.S. officials are pushing Japan and South Korea to commit within the next few weeks to a $44 billion natural gas project in Alaska. Known as Alaska L.N.G., the project is a key part of President Trump’s energy strategy, aiming to export liquefied natural gas (LNG) from northern Alaska to Asian markets. The project’s success depends on gaining support from countries in Asia, which are major buyers of LNG.
The National Energy Dominance Council, a group advising President Trump on energy policy, is working to arrange a summit in Alaska on June 2, where trade officials from Japan and South Korea are expected to attend, according to three sources familiar with the plans, who requested anonymity.
The goal is to secure letters of intent from Japan and South Korea at the summit, either for investing in Alaska L.N.G. or for purchasing its gas. Taiwan signed a similar letter of intent to buy gas from the project last month.
Neither the White House nor the trade ministries of Japan and South Korea responded to requests for comment.
Although Alaska L.N.G. was first proposed over a decade ago and initially viewed as unlikely to succeed, it has become a central element of President Trump’s efforts to reshape U.S. energy policy and revive the fossil fuel industry.
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