President Donald Trump said a U.S. trade agreement with South Korea includes an $8.4 billion enhanced oil recovery project, describing it as supporting American energy dominance and energy security. A South Korean government official told Yonhap News Agency that the project is not included in the agreement, which remains limited to commitments outlined in a joint fact sheet released by Seoul and Washington in November 2025. The dispute follows Trump’s announcement that South Korea will invest $200 billion in U.S. projects within a broader $350 billion strategic investment package, including $150 billion for shipbuilding. Trump also cited plans for eight large-scale nuclear plants, a natural gas pipeline and a 6-gigawatt power generation facility in Texas. South Korea has separately said that participation in a proposed $54 billion Alaska LNG pipeline remains subject to commercial and legal reviews. Enhanced oil recovery uses methods such as carbon dioxide injection to extract crude left after conventional production. The disagreement comes amid elevated oil prices, Middle East supply risks and South Korea’s heavy reliance on imported energy.