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.
123 Articles
123 Articles
Talks on Taiwan-Alaska LNG deal advance
Progress is being made in talks to buy liquefied natural gas (LNG) from an Alaskan project, with Taiwan considering an investment of up to US$4.4 billion, the government said yesterday after US President Donald Trump on Tuesday told a rally in the US state that Taiwan would buy 30 percent of the pro
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.
'One of the Biggest Deals Ever Made': Trump Announces Taiwan Will Buy 30 Percent of Gas From Proposed Alaska Pipeline, Helping Long-Awaited Project Move Forward
WASILLA, Alaska—President Donald Trump announced Tuesday evening that Taiwan has agreed to purchase a staggering 30 percent of the natural gas shipped every year through a proposed 807-mile pipeline project in Alaska. As part of the deal, the Taiwanese government will also invest $4.4 billion in the project, Trump said. The post 'One of the Biggest Deals Ever Made': Trump Announces Taiwan Will Buy 30 Percent of Gas From Proposed Alaska Pipeline,…
Trump: Taiwan Agrees to Buy 30 percent of Gas From Alaska Pipeline; Consumer Prices Rise 0.6 Percent
President Donald Trump greets supporters as he arrives to speak during a campaign rally at Curtis D. Menard Memorial Sports Center in Wasilla, Alaska, on Oct. 13, 2026. (Kent Nishimura/AFP via Getty Images)
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.
Trump Touts Taiwan-Alaska LNG Deal Taipei Hasn’t Finalized
President Donald Trump said Taiwan had agreed to buy 30% of the liquefied natural gas from a planned project in Alaska for 20 years, even as Taipei indicated that no binding commitments have been finalized.
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