Trump's $60 Billion Alaska LNG Gamble Fails to Woo Asia

Asian energy markets have rejected the Trump administration’s $60 billion LNG project in Alaska, raising doubts about the viability of politically driven energy diplomacy. The Donald Trump administration’s efforts to promote a massive liquefied natural gas (LNG) infrastructure project in Alaska have failed to secure interest from key Asian nations, despite Washington’s intense diplomatic lobbying. According to a Financial Times report, Japan and South Korea—two of the world’s largest LNG consumers—have shown no tangible interest in participating in the project. This comes even as the U.S. attempted to link trade negotiations with their involvement in the initiative.