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Trump Announces Potential Alaska Gas Pipeline Partnership with Japan and South Korea

The U.S. President claims foreign nations are interested in investing trillions in one of the world's largest energy projects.

U.S. President Donald Trump delivers a speech to a joint session of Congress, as seen on a screen at the U.S. Capitol in Washington, D.C., U.S., March 4, 2025. REUTERS/Nathan Howard
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Overview

  • President Donald Trump revealed plans for a massive natural gas pipeline in Alaska during his address to Congress on March 4, 2025.
  • Trump stated that Japan, South Korea, and other countries are exploring partnerships with the U.S. on the project, with potential investments reaching trillions of dollars.
  • South Korea confirmed early-stage discussions on the project but indicated no concrete decisions have been made regarding their involvement.
  • The project is positioned as a key initiative to boost U.S. energy production, create jobs, and reduce energy costs to combat inflation.
  • Trump also announced plans to expand domestic production of critical minerals and rare earths later this week, emphasizing U.S. energy independence and economic growth.