Financial Ports

Alaska LNG: Why South Korea’s $50bn Gamble Is Hitting a Wall

CLAVE 1 / 4Alaska’s 800-mile LNG pipeline requires $45-55bn investment, with costs up to $2.7bn per mtpa.

CLAVE 2 / 4South Korea’s government insists on a feasibility study before finalising its $50bn pledge.

CLAVE 3 / 4Preliminary offtake commitments cover 13 mtpa, but no binding contracts exist.

CLAVE 4 / 4President Trump threatened to penalise Seoul if the deal isn’t signed ‘shortly.’

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