Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Vance: The Alaska natural gas project will continue to move forward despite South Korea raising concerns about commercial viability.

Vance: The Alaska natural gas project will continue to move forward despite South Korea raising concerns about commercial viability.

智通财经智通财经2026/10/06 02:36
Show original

(1) Although South Korea stated that its participation in the Alaska natural gas project depends on the project’s commercial viability, a move that prompted U.S. President Trump to threaten trade retaliation, U.S. Vice President Vance said the project will proceed. (2) On Monday, Vance said: “I believe this will definitely be achieved. Of course, some details still need to be finalized, and the South Korean side has already communicated regarding this.” (3) He added: “As long as there is market demand for these resources, and there is indeed strong demand for U.S. natural gas, I believe we will be able to complete this project.”

(1) Although South Korea stated that its participation in the Alaska natural gas project is conditional on the project’s commercial viability, and this move triggered a threat of trade retaliation from U.S. President Trump, U.S. Vice President Vance said the project will proceed as planned. (2) On Monday, Vance stated: “I believe this will definitely be realized. Of course, some details still need to be finalized, and the South Korean side has communicated about this.” (3) He added: “As long as the market has demand for these types of resources, and there is indeed strong demand for U.S. natural gas, I believe we can accomplish this project.”
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

JPMorgan raises Regeneron Pharmaceuticals (REGN.US) target price to $950

JPMorgan has raised the price target for Regeneron Pharmaceuticals (REGN.US) from $900 to $950.

智通财经•2026/10/06 04:41

Japan's AZEC ministerial meeting on the 8th will discuss expanding Asian oil reserve cooperation

According to Nikkei, Japan’s Minister of Economy, Trade and Industry Akazawa Ryo Masa stated on the 6th that the upcoming "Asia Zero Emissions Community" (AZEC) ministerial meeting to be held on the 8th will focus on discussions to expand oil reserves in the Asian region and "strengthen cooperation between oil-producing and oil-consuming countries."

智通财经•2026/10/06 04:35

Vietnam’s LNG power generation plan faces serious delays, with only 1 out of 18 projects expected to be completed on time

(1) Vietnam is vigorously promoting the use of LNG to meet the surging electricity demand, but related projects are seriously behind schedule, with only 1 out of 18 LNG power generation projects expected to be completed on time. (2) Vietnam’s Minister of Industry and Trade, Le Minh Hoan, stated at a government meeting last week that the total installed capacity of these proposed projects exceeds 20 gigawatts, but only the Xi Fu LNG project is proceeding as planned. Deputy Minister of Industry and Trade, Truong Quang Hoai, said at the same meeting that investors have been selected for 16 of the 18 projects, but only two projects have started construction. (3) Project delays threaten Vietnam’s plan to increase the proportion of LNG in its energy mix to 12% by 2030. The Ministry of Industry and Trade warned last month that, due to these delays, Vietnam may face a risk of power shortages next year.

智通财经•2026/10/06 04:06

The U.S. blockade against Iran has caused at least 50 oil tankers to be stranded in nearby waters.

Market news: An organization called "United Against Nuclear Iran" (UANI) claims that US sanctions on Iran have resulted in dozens of cargo-laden oil tankers being stranded off the country's coast, while others outside the Persian Gulf are anchored near Sri Lanka. The organization stated that at least 50 oil tankers carrying Iranian oil are stranded near the country, a number that has remained largely unchanged compared to two months ago.

智通财经•2026/10/06 03:51