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Trump says Taiwan agreed to buy 30% of proposed Alaska LNG project's gas

Commerce Secretary Howard Lutnick said Taiwan had committed to invest $4.4 billion. The terms and whether a final agreement has been signed remain unclear.

Donald Trump speaks at a rally at Iowa State University.
Donald Trump speaks at a rally at Iowa State University in Ames, Iowa, in 2016. File photograph. Alex Hanson from Ames, Iowa — Alex Hanson, ‘Donald Trump speaking at Iowa State University’ (resized and converted to WebP). CC BY 2.0.Image sourceImage licence: CC BY 2.0
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Donald Trump said at an October 13 rally in Alaska that Taiwan had agreed to buy 30% of the gas from the proposed Alaska LNG project. Commerce Secretary Howard Lutnick said Taiwan had committed to invest $4.4 billion. The terms were not immediately clear, and Reuters reported via CNA that it was unclear whether a final deal had been signed.

Earlier Taiwan–Alaska LNG agreement

Taiwan's state-owned CPC Corp and Alaska Gasline Development Corp signed a letter of intent in March 2025 expressing interest in gas purchases and investment. Taiwan's Ministry of Economic Affairs said negotiations on procurement and investment details would follow.

Taiwan's economy ministry had no immediate comment to CNA. Premier Cho Jung-tai told reporters that the government's job was to stabilize energy supply and build resilience.

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