Taiwan to Buy 30% of Alaska LNG for 20 Years, Invest $4.4 Billion: Trump
Washington, October 14, 2026: US President Donald Trump has announced that Taiwan has agreed to purchase 30% of the natural gas produced by a major pipeline project in Alaska for the next 20 years. Taiwan will also invest an additional $4.4 billion in the project, Trump said.
Trump described the agreement as a major boost for US energy exports and infrastructure development.
Addressing an election rally in Wasilla, Alaska, Trump said Taiwan’s commitment would help secure the commercial future of the proposed 800-mile pipeline. His administration has presented the project as one of the largest energy infrastructure developments in the United States.
“Taiwan has just agreed to buy 30% of the gas coming from the pipeline for the next 20 years,” Trump told his supporters.
He said the long-term purchase agreement would provide financial certainty for the project and strengthen its prospects.
Trump also announced Taiwan’s investment commitment, saying it would add $4.4 billion to the $50 billion already committed by South Korea for the Alaska project.
The announcement places Taiwan and South Korea at the centre of Washington’s plans to develop Alaska’s natural gas resources and expand energy exports to Asian markets.
Trump Says Federal Permits Have Been Granted
Trump said his administration had completed the federal permitting process for the pipeline, removing a long-standing hurdle to its construction.
“All the permits you need have been given,” he said.
The US President credited Alaska Republican Senator Dan Sullivan with helping advance the project. He said his administration had worked for years to bring the pipeline closer to the construction stage.
Trump linked the project to his broader policy of expanding domestic energy production, attracting foreign investment and reducing energy costs for American households.
According to Trump, the project is expected to create more than 13,000 jobs and save a typical Alaskan family more than $2,000 annually on energy bills.
US Commerce Secretary Provides Details
US Commerce Secretary Howard Lutnick provided additional details about the discussions with Taiwan and South Korea.
Lutnick said discussions with the Taiwanese government had taken place over the previous week.
“We were working with the Taiwanese government all week, and they agreed to buy 30% of everything produced on that line,” he said.
He also stated that South Korea had committed $50.1 billion towards the construction of the pipeline.
Referring to Taiwan’s contribution, Lutnick said the country would invest an additional $4.4 billion alongside South Korea to help ensure the pipeline is built.
The Commerce Secretary credited Trump with encouraging officials to strengthen the project following its announcement at the White House.
Trump presented the agreement as part of his broader effort to attract foreign investment to the United States while expanding American manufacturing and energy production.
What Is the Alaska LNG Project?
The Alaska LNG project aims to transport natural gas from Alaska’s North Slope to the state’s southern coast through a proposed pipeline. The gas would then be processed for export to international markets.
The project is intended to help develop Alaska’s natural gas resources and expand US energy exports, particularly to Asian markets.
The commitments announced by Trump and Lutnick involve long-term gas purchases and additional investment from Taiwan, alongside South Korea’s previously announced financial commitment.
Frequently Asked Questions (FAQs)
1. How much natural gas will Taiwan buy from the Alaska LNG project?
Taiwan has agreed to purchase 30% of the natural gas produced by the proposed Alaska pipeline for the next 20 years, according to President Donald Trump.
2. How much will Taiwan invest in the Alaska LNG project?
Taiwan will invest an additional $4.4 billion in the project, Trump and US Commerce Secretary Howard Lutnick said.
3. How much has South Korea committed to the Alaska pipeline project?
Howard Lutnick said South Korea had committed $50.1 billion towards the construction of the pipeline.
4. How long is the proposed Alaska LNG pipeline?
The proposed pipeline is approximately 800 miles long.
5. How many jobs could the Alaska LNG project create?
Trump said the project could create more than 13,000 jobs.
6. How much could Alaskan families save on energy bills?
According to Trump, a typical Alaskan family could save more than $2,000 annually on energy bills.
7. Where will the Alaska LNG pipeline transport natural gas from and to?
The project aims to transport natural gas from Alaska’s North Slope to the state’s southern coast, where it can be processed for international export.
8. What is the main objective of the Alaska LNG project?
The project aims to develop Alaska’s natural gas resources, expand US energy exports and supply international markets, particularly in Asia.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
