Alaska Officials Seek Japanese Investors for LNG Project

Alaskan state representatives are set to visit Japan this month to attract investors for a $44 billion natural gas project, which President Trump claims could significantly benefit the U.S. economy. The Alaska Gasline Development Corporation (AGDC) aims to transport liquefied natural gas (LNG) via a 1,300-kilometer pipeline to Japan, South Korea, and Taiwan, with hopes of starting exports by 2030. However, Japanese energy firms remain cautious, citing high costs and technical challenges associated with the project. Despite Trump's encouragement and recent discussions with Asian nations, firms like Inpex Corp and Mitsubishi Corp have not made formal commitments. AGDC officials are optimistic that the meetings will highlight the project's competitive advantages, but skepticism persists among potential investors. The initiative reflects ongoing diplomatic efforts to strengthen energy ties amid trade discussions between the U.S. and Japan.