Taiwan Commits Up to $4.4 Billion to Alaska LNG Megaproject

Taiwan has agreed to invest up to $4.4 billion in the Alaska LNG project and commit to buying 30% of its output over a period of 20 years, President Trump said, as quoted by AFP, during a campaign rally in Alaska.

Earlier today, Taiwan confirmed its intention to spend over $4 billion on the Alaska LNG project and commit to buying liquefied gas from the new facility, which is yet to be built, along with a pipeline to carry the gas to the export terminal.

According to a report in Focus Taiwan, the country’s state energy company CPC Corp.

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Earlier today, Taiwan confirmed its intention to spend over $4 billion on the Alaska LNG project and commit to buying liquefied gas from the new facility, which is yet to be built, along with a pipeline to carry the gas to the export terminal.

According to a report in Focus Taiwan, the country’s state energy company CPC Corp.

will buy 6 million tons of liquefied gas annually from the Alaska facility, starting in 2032.

This is in line with plans announced earlier this year by CPC to boost the share of U.S.