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Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says

Taiwan said the deal will diversify gas supplies and support energy security as CPC Corp. prepares a 20-year purchase plan.

  • On Tuesday, President Donald Trump announced at a Wasilla, Alaska rally that Taiwan agreed to purchase 30% of output from the Alaska LNG project for 20 years and invest $4.4 billion in development.
  • This commitment builds on a March 2025 letter of intent signed by CPC Corporation, as Taiwan seeks to secure energy supplies for the island's semiconductor industry amid surging demand.
  • Taiwan's Ministry of Economic Affairs has not confirmed the specific terms announced by Trump, clarifying that final investment arrangements and binding contracts remain under active negotiation.
  • The initiative aims to reduce Taiwan's trade surplus with the United States while diversifying natural gas supplies, critical as the island imports more than 90% of its energy.
  • Developer Glenfarne aims to deliver the project's first gas in 2029, though the pipeline requires additional binding agreements and financing to proceed with construction.
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US President Donald Trump announced that Taiwan has agreed to purchase large quantities of liquefied natural gas (LNG) from the Alaskan pipeline over the next 20 years.

·Tallinn, Estonia
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Taiwan has confirmed its willingness to invest up to $4.4 billion in the Alaska gas pipeline project, with plans to purchase 6 million tons of liquefied gas annually starting with the operation of the project, which is expected to enhance its supply.

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The spokesman-Review broke the news in Spokane, United States on Tuesday, October 13, 2026.
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