President Donald Trump announced Tuesday that Taiwan had agreed to buy 30 percent of the gas from an Alaska pipeline project.
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Taiwan → announce → project
Trump said the agreement was 'for the next 20 years' and that it was 'one of the biggest commitments in history for anything.'
The President was speaking at a campaign rally in Wasilla, Alaska, when he revealed the deal concerning the Alaska liquefied natural gas (LNG) project.
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he → say → project
Trump added that Taiwan would also be investing $4.4 billion into the pipeline.
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Taiwan → add → pipeline
The roughly 800-mile-long pipeline would export up to 20 million metric tons of the LNG a year.
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pipeline → export → LNG
Taiwan Premier Cho Jung-tai said that the government's job was to 'stabilize the entire energy supply and build its resilience, like governments everywhere,' according to Reuters.
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job → say → Reuters
However, Taiwan's economic ministry, which is in charge of the country's energy policy, had no immediate comment.
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which → have → comment
Trump also said that South Korea had committed to investing $50 billion into the pipeline.
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Korea → say → pipeline
The project is expected to cost between $44.5 billion and $54.5 billion.
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project → expect → billion
President Donald Trump announced Taiwan had agreed to buy 30 percent of the gas coming off an Alaska pipeline project
Trump made the announcement on Tuesday while speaking at a campaign rally in Wasilla, Alaska
He suggested the deal he was referring to guaranteed the success of the pipeline.
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he → announce → pipeline
Trump called the Alaska pipeline a 'historic federal project' as he also credited Sen. Dan Sullivan, a Republican, for working on the project 'for years.
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he → call → years
'
'He finally had the President to get it done,' Trump added.
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Trump → have → President
Trump said at the rally that 'all' necessary federal permits had been granted for the pipeline.
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permits → say → pipeline
In February, Taiwan said that it would increase its purchases of US natural gas to make up about a third of the island's imported supply last year.
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it → say → supply
CPC Corp, a Taiwan state energy firm, signed a deal with Alaska Gasline Development Corp last year to buy LNG and invest in the pipeline project.
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Corp → sign → project
Taiwanese President Lai Ching-te said at the time that the investment would ensure the island's energy security.
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investment → say → security
Lai Ching-te, the Taiwanese President, previously appeared to tout the idea of the island investing in the pipeline project
Pan Men-an, Taiwan's Presidential Office Secretary-General, also visited the site of the proposed project in Alaska in June 2025.
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an → appear → June
The pipeline would effectively allow for US-made LNG to reach Asian markets, including Taiwan, without going through the Panama Canal or around the Horn of Africa.
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LNG → allow → Africa
State legislators have criticized the costs behind the pipeline, according to Alaska Public Media.
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legislators → criticize → Media
The developer, Glenfarne, said the first phase of the project, which is the pipeline itself, would likely cost between $13.2 and $16.9 billion.
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which → say → 13.2
In total, the full project is priced from $44.5 billion to $54.5 billion, the developer added.
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developer → price → billion
The project is 75%-owned by Glenfarne Group, with the state of Alaska holding the rest through the state-owned Alaska Gasline Development Corporation.
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state → hold → Corporation
South Korea has since said that 'no decision has been made on whether to invest or on the size of the investment,' Reuters reported.
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Reuters → say → investment
'If they don’t want to do it, that’s okay with me,' Trump told reporters on October 2.
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Trump → want → October
'I’ll just charge them more.'
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I → charge → more
The Daily Mail has reached out to the White House for further comment.
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Mail → reach → comment
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