Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says
U.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.
TL;DR
- President Trump stated Taiwan will buy 30% of the gas from the Alaska LNG project for 20 years.
- The announcement comes after similar claims regarding South Korea's participation, which Seoul stated was not finalized.
- Last year, Taiwan's CPC Corp reportedly had an agreement with Alaska Gasline Development Corp for LNG purchase and investment.
- Taiwan's energy demand is rising due to AI growth, and the island imports over 90% of its energy supply.
- The Alaska LNG project aims to deliver its first gas in 2029.
- Trump has applied pressure on South Korea regarding its participation in the project.