South Korea Follows Japan's Playbook With $22.3 Billion Texas Gas Bet | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Sep 24, 2026, 9:00 AM CDT South Korea will put $22.3 billion toward a 6.3-gigawatt gas plant in Encinal, Texas, the first project under its $350 billion US investment pledge. The project has no confirmed customers, no signed power purchase agreement, and turbines that may not arrive until deep into the 2030s. Seoul's revenue math assumes $43 billion to $45 billion over 20 years, roughly double the capex,…