Alaska LNG Status Unclear Despite Trump's Federal Project Claim President Trump has labeled the Alaska LNG project a federal initiative tied to a foreign investment accelerator, but no binding agreements have been reached with South Korea or Taiwan. The project's future ownership and funding structure are still under negotiation, with Sen. Sullivan optimistic about securing federal and international support. President Donald Trump recently declared on social media that the Alaska LNG megaproject is now a 'U.S. Federal Government Project,' linking its potential funding to the U.S. Investment Accelerator program. While Trump claims South Korea and Taiwan have committed billions, neither country has finalized investment agreements, with both still reviewing the project. Critics view Trump's announcements as a campaign ploy to support Sen. Dan Sullivan, who is fighting to retain his seat against Democrat Mary Peltola. Sullivan asserts that negotiations are underway for federal and foreign ownership stakes, but the ultimate structure of the project-including potential government ownership and changes to the current 25/75 split with Glenfarne-remains unconfirmed.