Washington:South Korea's ambassador to the United States, Kang Kyung-wha, has reiterated Seoul's willingness to collaborate on the proposed Alaska liquefied natural gas (LNG) project. However, she stressed that South Korea's involvement is contingent upon fulfilling specific commercial and legal conditions.
According to Yonhap News Agency, Ambassador Kang made these statements in an opinion piece published in the Washington Post. She highlighted that while Korea and the U.S. have agreed to begin work on the Alaska LNG project, this cooperation is dependent on meeting commercial viability and domestic legal requirements.
The discussion over the Alaska LNG project comes as South Korea and the U.S. navigate differing views on the project's status. The White House has previously linked $54 billion to the Alaska project, but South Korea insists that its participation hinges on a review of the project's commercial viability. Ambassador Kang did not disclose an investment amount for the Alaska project but mentioned other financial commitments, including a framework for $120 billion in Korean investment to construct eight large-scale nuclear reactors in the U.S.
Furthermore, Kang underscored the significance of mutual trust and the honoring of commitments as the alliance between the two nations extends into advanced technologies and strategic sectors. She emphasized that long-term success relies on reliable partnerships and mutual confidence in fulfilling commitments. This statement follows U.S. President Donald Trump's comments threatening to "charge" South Korea more if it does not invest in the Alaska project.