U.S. Department of Commerce

02/17/2026 | Press release | Distributed by Public on 02/17/2026 20:51

Fact Sheet: U.S. — Japan Trade Deal

These project announcements are a direct result of President Trump's historic $550 billion trade deal with Japan to strengthen American national and economic security.
Deal 1: Portsmouth Powered Land Project
  • Location: Vicinity of Portsmouth, Ohio
  • Project Type: Natural Gas Power Facility
  • Cost: $33 Billion
  • Capacity: 9.2 GW - Largest natural gas generation projects in the world
  • Operator: SB Energy (Subsidiary of SoftBank)
  • Description: The facility represents a strategic initiative to create an integrated platform capable of supplying reliable, large-scale, dispatchable energy.
Deal 2: Deepwater Crude Oil Export Terminal
  • Location: Brazoria County, Texas and Gulf of America
  • Project Type: Deepwater Crude Oil Export Terminal (Texas GulfLink)
  • Cost: $2.1 Billion
  • Operator: Sentinel Midstream
  • Description: The export terminal represents a strategic benefit to the United States. At full capacity, the export terminal is expected to generate $20-30 billion in annual U.S. crude exports ($400-600 billion over twenty years), delivering a significant increase in U.S. exports. In addition to strengthening the U.S. trade balance, the export terminal will expand American energy dominance.
Deal 3: High-Pressure, High-Temperature Synthetic Diamond Grit Facility
  • Location: Georgia
  • Project Type: High-Pressure, High-Temperature Synthetic Diamond Grit Facility
  • Cost: Approx. $600 Million
  • Operator: Element Six
  • Description: Diamond grit, dust, and powder are critical raw materials in U.S. industrial manufacturing due to their exceptional hardness and wear resistance, making them critical to U.S. economic and national security. Diamond grit is vital to the semiconductor, automotive, and oil & gas industries.

U.S. Department of Commerce published this content on February 17, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on February 18, 2026 at 02:51 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]