Seoul, Sept. 12 -- South Korea's POSCO International has begun reviewing participation in the U.S.-led Alaska liquefied natural gas (LNG) project, becoming the first Korean company to officially examine involvement in the massive energy development. The move comes as U.S. President Donald Trump shows a strong interest in the project, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

Citing foreign media reports on Friday, Pulse reported that POSCO International signed a preliminary agreement on Wednesday at the Gastech exhibition in Milan with Glenfarne, the project's developer, for the annual supply of 1 million tons of LNG over 20 years. The contract also includes a provision for supplying POSCO steel pro...