Trump officials announce $56 billion in Indo-Pacific energy deals

Driving the news: The countries "all want to have energy security," Interior Secretary Doug Burgum, who heads Trump's energy dominance council, said Sunday on Fox News. "They see the U.S. as a reliable partner."

• Burgum highlighted Venture Global and South Korean defense giant Hanwha Aerospace's execution of a binding 20-year sales and purchase Agreement for 1.5 million metric tons per year of U.S. liquefied natural gas starting in 2030, valued at about $10 billion.
• Venture Global also closed a $8.6 billion final investment decision for its CP2 LNG facility in Louisiana, which Interior said represents one of the largest energy infrastructure investments in U.S. history. It is aimed at securing long-term LNG exports to Indo-Pacific allies.

Zoom in: In another deal, Terra Energy Center reached a $1 billion agreement in principle with Hyundai Heavy Industries Power Systems to provide large-scale coal power plant boilers for a 1.25 GW project in Alaska.

• The department said it would be the first order of utility-scale coal power plant boilers in the U.S. since around 2006.
• Other deals among U.S. and Indo-Pacific companies covered nuclear power and fuel technologies.

What we're watching: What other deals might emerge in the future.