Taiwan to buy liquefied natural gas from Alaska project
Summarised from 2 outlets · Updated 14 Oct, 09:02 · Archive
Taiwan plans to purchase 6 million metric tons of liquefied natural gas annually from an Alaska project and invest up to $4.4 billion.
Taiwan plans to buy 6 million metric tons of liquefied natural gas annually from an Alaska project and invest up to $4.4 billion in it, according to Taiwan's economic affairs ministry. President Donald Trump described the deal as 'one of the biggest deals ever made'.
Taiwan's state-owned oil and gas firm CPC Corporation signed a letter of intent in March 2025 on the project. The ministry said the company and the U.S. side have made significant progress after more than a year of negotiations and evaluation. If the project proceeds as scheduled, gas supply to Taiwan could begin in 2032 at the earliest.
Taiwan's announcement came as the island awaited a $14 billion arms sales package from the United States. The ministry said the long-term energy procurement and project investment would help diversify Taiwan's natural gas supply, enhance flexibility and deepen Taiwan-U.S. cooperation.
How it is being reported
- Taiwan plans to buy liquefied natural gas from Alaska pipeline projectTaiwan planned to buy liquefied natural gas from a U.S. project after extraction and could invest up to $4.4 billion in it.Clickorlando · 14 Oct, 08:11
- Taiwan plans to buy liquefied natural gas from Alaska pipeline projectTaiwan planned to buy liquefied natural gas from a U.S. project after extraction and could invest up to $4.4 billion in it.News4Jax · 14 Oct, 08:11
In this story: Taiwan · Alaska · United States · China · Donald Trump · CPC Corporation
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