economy
February 18, 2026
Trump lauds Japan’s pledge to invest $36 billion in U.S. oil, gas and critical mineral projects
The commitment represents the first tranche of investments by Japan following a landmark trade deal between the two countries.
TL;DR
- Japan commits nearly $36 billion to U.S. oil, gas, and critical mineral projects.
- This investment is the first tranche following a new U.S.-Japan trade deal.
- A $33 billion natural gas facility in Ohio, expected to be the largest in history, is a major component.
- A $2.1 billion deepwater crude oil export facility in Texas is also planned.
- A $600 million synthetic diamond grit facility in Georgia will support U.S. industrial manufacturing and national security.
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