President Donald Trump announced that Taiwan will buy 30% of the output from a planned Alaska natural gas pipeline and invest $4.4 billion in the project.
Key facts
- •President Trump announced the agreement during a campaign rally in Wasilla, Alaska, on October 13, 2026.
- •The deal commits Taiwan to purchase 30% of the pipeline's gas output for 20 years.
- •Taiwan's $4.4 billion investment follows a $50 billion commitment to the project from South Korea.
- •The pipeline project is not projected to be operational until at least 2030.
- •Once operational, LNG tankers are expected to reach Asia in seven to nine days.
U.S. President Donald Trump announced on October 13, 2026, that Taiwan has agreed to purchase 30% of the natural gas produced by a proposed pipeline in Alaska. Speaking at a rally in Wasilla, Alaska, Trump stated that the agreement covers a 20-year period. He also noted that Taiwan will invest $4.4 billion into the infrastructure project, which is intended to transport gas from northern Alaska for export to Asian markets.
By the numbers
Project Details and Timeline
The planned 1,300-kilometre pipeline is designed to move natural gas from northern Alaska to the southern part of the state, where it will be converted into liquefied natural gas (LNG) for transport by tanker. The project, backed by the state of Alaska and the U.S. group Glenfarne, faces technical and economic challenges and is not expected to be operational before 2030.
Taiwan's Energy Strategy
Taiwan currently imports nearly all of its energy, with official data indicating that approximately 38% of its natural gas comes from Australia, 25% from Qatar, and less than 10% from the United States. In March 2025, Taiwan's Ministry of Economic Affairs stated that the state-owned CPC Corporation intended to procure LNG and seek upstream investment participation to ensure a stable energy supply.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by Nikkei Asia, The Hill, The Hindu.
