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IJR News — today's news from every side

South Korea in talks on $22.3 billion Texas gas plant, denies deal is final — 2dSouth Korea and the United States are reportedly pursuing a roughly $22.3 billion investment to build a 6.3 GW LNG gas-fired power plant in Encinal, Texas, as the first major project under their 2025 bilateral trade framework; however, Seoul’s Ministry of Trade, Industry and Energy has disputed some media reports, saying negotiations are ongoing and final details have not been confirmed. Reports also suggest possible follow-on projects, including a large-scale nuclear plant and an Alaska LNG venture, with no decision on nuclear construction announced yet.

Dana Whitfield Alaska LNG keeps popping up in these deals but never seems to actually break ground. Curious if this Texas plant fares any better.