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.
147 Articles
147 Articles
Explainer: Taiwan’s Alaska LNG Bet
Taiwan is looking to Alaska for more than natural gas. U.S. President Donald Trump announced this week that Taiwan had agreed to buy 30 percent of the output from a proposed liquefied natural gas (LNG) project in Alaska over a 20-year period.
EADaily, 16 October 2026. Donald Trump reported that Taiwan had agreed to buy a third of the project ' s liquefied gas volume in Alaska; even Korean and Japanese companies had not previously risked such plans because the value of LNG was still unknown.
Alaska Beacon
Taiwan is nearing an investment in the trans-Alaska natural gas pipeline project, officials say
The nation of Taiwan is coming closer to a multibillion-dollar investment in the trans-Alaska natural gas pipeline and is preparing to buy as much as 30% of the pipeline’s production, its economic affairs ministry said Wednesday. The announcement was short of the firm commitment that President Donald Trump and administration officials announced on Tuesday during […]
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