South Korea has identified a gas-fired power project in Encinal, Texas, as the first US investment under a trade deal agreed last year, potentially easing tensions with Washington over delays in implementing Seoul's commitments. The project, valued at around $22 billion, would have 6.3 gigawatts of capacity, beginning with 1.4 gigawatts of gas-turbine generation and later adding 4.9 gigawatts of combined-cycle capacity, a configuration that combines gas turbines with steam generation to improve efficiency. The facility is intended to help meet rising electricity demand from artificial-intelligence data centers. Seoul has not formally disclosed project details and said it will complete a process that includes reporting to the National Assembly before making an announcement. Media reports said lawmakers would be briefed on Sept. 17 and that a memorandum of understanding could be signed as soon as Sept. 18. The agreement follows a trade deal that set US tariffs on South Korean exports at 15% and included Seoul's pledge to invest $350 billion in the United States. Delays prompted criticism from President Donald Trump, who threatened tariffs of up to 25% on Korean goods. Yonhap News reported that the US had asked Seoul to submit projects exceeding the $350 billion commitment, but South Korea's Industry Ministry denied that claim. The ministry said total investment under the strategic investment MOU will not exceed $200 billion under any circumstances, annual remittances will be capped at $20 billion, and the size and timing of the first remittance remain undecided. Seoul is also considering eight large nuclear reactors and the Alaska LNG project. The ministry said discussions on nuclear-power cooperation continue but that no specific details have been finalized. South Korea's pledge follows Japan's similar tariff-related commitment, although Japan has moved faster, with proposed investments including $36 billion in US oil, gas and critical-minerals projects and $73 billion in nuclear and gas-power projects. South Korea's parliament approved special legislation in March to implement its US investment commitment, hours after the Trump administration sought new legal grounds to impose tariffs on Seoul.