The state-run CPC of Taiwan will purchase 6 million tonnes of gas annually, representing 30% of the pipeline's capacity, with shipments potentially starting in 2032. Taiwan will also provide $4.4B in equity, though the Ministry of Economy noted that specific investment terms and ownership stakes remain subject to later negotiations. These figures come after reports from CNBC that South Korea had previously maintained its participation in the venture was not yet finalized.
Tuesday, October 20, 2026
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Trump Announces $130B Alaska LNG Project With Taiwan and South Korea
Commodities6 days ago
Taiwan has committed to spending between $70B and $80B to purchase liquefied natural gas from a new pipeline in Alaska over the next 20 years, President Donald Trump announced. South Korea will also contribute $50B to the development, bringing total commitments to up to $134.4B for what the White House called the largest energy infrastructure project in the state's history. Trump stated that all necessary federal permits have been granted, and construction is approved to begin immediately on the 800 mile pipeline.
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