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Trump touts Taiwan's pledge to buy 30% of Alaska LNG pipeline gas as 'one of the biggest commitments in history'

From the Newshound archive · first published 14 October 2026 · last updated 15 October 2026.

Donald Trump, who unveiled the Taiwan LNG agreement at a Republican rally in Wasilla, Alaska, also disclosed that South Korea has pledged $50 billion to the same pipeline project.
Donald Trump, who unveiled the Taiwan LNG agreement at a Republican rally in Wasilla, Alaska, also disclosed that South Korea has pledged $50 billion to the same pipeline project.

Taiwan has announced it will purchase 6 million metric tons of liquefied natural gas annually from the Alaska LNG pipeline project and invest up to $4.4 billion in its development, with President Trump describing it as 'one of the biggest commitments in history for anything.' Trump unveiled the agreement at a Republican rally in Wasilla, Alaska, and disclosed that South Korea has pledged $50 billion to the same project. Taiwan's economic affairs ministry confirmed that state-owned CPC Corporation had signed a letter of intent and that deliveries could begin as early as 2032.

Trump said the Taiwan agreement covers 30% of the pipeline's output for the next 20 years, though the precise deal terms are reportedly not yet clear.

The Alaska LNG pipeline, roughly 800 miles long, has a designed export capacity of up to 20 million metric tons a year and is estimated to cost between $44.5 billion and $54.5 billion to build.

Taiwan Premier Cho Jung-tai stopped short of confirming a finalised deal, saying only that the government's job is to 'stabilise the entire energy supply and build its resilience.'

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