Japan, South Korea and other countries want to partner with the United States in a "gigantic" natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest "trillions of dollars each.

Investors have balked at the project, stalling its progress. But under the threat of tariffs, Japan and South Korea have started exploring ways to invest in Alaska L.N.G.

Different versions of the Alaska LNG project have been discussed in Alaska for decades, and there are longstanding questions about how it would pencil out.

Alaska political leaders on Wednesday broadly welcomed President Donald Trump’s remarks to Congress talking up the prospects of the state’s long-sought but faltering natural gas pipeline. In his speech to a joint session of Congress on Tuesday night, the president said, “It will be truly spectacular. It’s all set to go.”

As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.

President Donald Trump said this week that Japan and South Korea were looking to work with the United States on a "gigantic" natural gas pipeline in

Some officials in South Korea say agreeing to the pipeline investment might placate the U.S., but Trump is still threatening tariffs.

The $44 billion Alaska LNG project, which U.S. President Donald Trump touted Japan, South Korea and other nations “want to invest trillions of dollars each,” involves constructing a 1,300-km pipeline from Alaska’s North Slope to the southern coast.