A White House official said President Trump is expected to announce Wednesday afternoon in the Oval Office that South Korea plans to invest $200 billion in U.S. energy projects, including construction of eight nuclear reactors, an investment in a Texas power facility and participation in the Alaska LNG export project. Earlier reports said Seoul would provide $54 billion for the Alaska LNG project. The $200 billion package is among the first projects supported under last year’s U.S.-South Korea t

A White House official said President Trump is expected to announce Wednesday afternoon in the Oval Office that South Korea plans to invest $200 billion in U.S. energy projects, including construction of eight nuclear reactors, an investment in a Texas power facility and participation in the Alaska LNG export project. Earlier reports said Seoul would provide $54 billion for the Alaska LNG project. The $200 billion package is among the first projects supported under last year’s U.S.-South Korea trade framework, under which South Korea pledged $350 billion in U.S. investment. The South Korean government has not publicly confirmed the details.