Politics · International diplomacy · published 2026-10-14 · via Asharq Al-Awsat

Taiwan to Put Up to $4.4 Billion into Alaska LNG Venture

Taiwan's economic ministry said it will invest up to $4.4 billion in the Alaska LNG project and buy six million metric tons of gas annually once production begins. The announcement followed President Trump's claim that Taiwan would purchase 30 percent of the pipeline's output over 20 years. Taiwan, which imports almost all its energy, is seeking stronger US support amid pressure from China.

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Taiwan's economic ministry said the deal includes annual purchases of six million metric tons of Alaska LNG after production begins and participation in development, with investment of up to US$4.4 billion. It said added gas could reach Taiwan as early as 2032 if the timeline holds.

The statement followed Trump's Wasilla rally remarks that Taiwan would buy 30 percent of pipeline output over 20 years and invest US$4.4 billion. Taiwan imports nearly all energy and seeks stronger US support amid China's sovereignty claims. Its LNG mix shifted this year after the Middle East war and Iran's claim over the Strait of Horm

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