Trump threatens to double Alaska pipeline price if South Korea delays sign-off
Synopsis
Key Takeaways
US President Donald Trump on 3 October 2026 warned South Korea that it could face a significantly higher price for the Alaska LNG pipeline project if Seoul does not commit to the deal soon, after reporters informed him that South Korea had said it was still studying the proposal. The remarks, made at the White House before Trump departed aboard Marine One, mark a sharp escalation in US pressure on a key Asian ally over a flagship energy infrastructure initiative.
How the Warning Unfolded
The exchange began when a reporter challenged Trump, noting that South Korea had not yet signed off on the project and was still evaluating it. Trump initially appeared relaxed, saying he was comfortable if Seoul chose not to participate and that he would simply charge them more. But he then stopped to seek clarification.
“Wait, no. Wait, they said they didn’t sign off?” Trump asked, before sharpening his tone considerably.
“Tell ‘em if they don’t sign shortly, I’m going to double it up. Okay?” Trump told reporters.
He did not specify what exactly would be doubled, nor did he set a formal deadline for South Korea to make a decision.
What the Alaska LNG Project Is
The Alaska LNG project is designed to transport natural gas from Alaska’s North Slope through a pipeline across the state to a liquefied natural gas (LNG) facility in southern Alaska. From there, LNG would be exported to overseas markets. Asian economies — including South Korea, Japan, and others with high demand for imported energy — have been identified as key potential customers for the project.
South Korea’s Position
Seoul has reportedly not rejected the project outright but has not yet committed to it either, describing its current stance as a period of study and evaluation. Trump’s rejection of the suggestion that he had “jumped the gun” by previously implying South Korean participation suggests the two sides may have been at different stages of understanding regarding the deal’s status.
Wider Context and What It Means
The warning comes amid a broader pattern of Trump administration pressure on trading partners and allies to align with US energy export ambitions. Notably, the Alaska LNG project has faced years of financing and feasibility hurdles, and Washington has been actively courting Asian buyers to make the economics viable. South Korea is one of the world’s largest importers of LNG, making its participation strategically significant for the project’s long-term outlook.
Critics argue that Trump’s approach — threatening price increases without a defined timeline or mechanism — risks complicating negotiations with a close security and trade partner at a sensitive moment in US-Asia relations. How Seoul responds to this public pressure is expected to shape the project’s near-term trajectory.