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Vance: The Alaska natural gas project will continue to move forward despite South Korea raising concerns about commercial viability.

Vance: The Alaska natural gas project will continue to move forward despite South Korea raising concerns about commercial viability.

智通财经智通财经2026/10/06 02:36
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(1) Although South Korea stated that its participation in the Alaska natural gas project depends on the project’s commercial viability, a move that prompted U.S. President Trump to threaten trade retaliation, U.S. Vice President Vance said the project will proceed. (2) On Monday, Vance said: “I believe this will definitely be achieved. Of course, some details still need to be finalized, and the South Korean side has already communicated regarding this.” (3) He added: “As long as there is market demand for these resources, and there is indeed strong demand for U.S. natural gas, I believe we will be able to complete this project.”

(1) Although South Korea stated that its participation in the Alaska natural gas project is conditional on the project’s commercial viability, and this move triggered a threat of trade retaliation from U.S. President Trump, U.S. Vice President Vance said the project will proceed as planned. (2) On Monday, Vance stated: “I believe this will definitely be realized. Of course, some details still need to be finalized, and the South Korean side has communicated about this.” (3) He added: “As long as the market has demand for these types of resources, and there is indeed strong demand for U.S. natural gas, I believe we can accomplish this project.”
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