Taiwan to Purchase 30% of Gas from Alaska Pipeline Over 20 Years

• President Trump announced that Taiwan will purchase 30% of gas from the Alaska pipeline over the next 20 years.
• Taiwan plans to invest $4.4 billion in the Alaska LNG project.
• The agreement is part of Taiwan's strategy to secure Washington's favor amid tensions with China.
• The project is still in flux, and no binding commitments have been finalized by Taiwan.
• South Korea has already committed $50 billion to the Alaska LNG project.