Trump: Taiwan to Buy Up to $80 Billion in Alaska Gas

President Donald Trump said Wednesday that Taiwan committed to purchasing between $70 billion and $80 billion in liquefied natural gas from the Alaska LNG Project and agreed to invest $4.4 billion in equity.

"I am also announcing today that my Commerce Secretary, Howard Lutnick, has secured an Offtake Commitment from Taiwan of between 70 to 80 Billion Dollars for Alaska LNG," Trump wrote on Truth Social.

He said the commitment covers 30% of the pipeline for the next 20 years, calling it "the largest Offtake Agreement in History."

Trump said Taiwan also agreed to invest $4.4 billion in equity in the development "because this is now a U.S. Federal Government Project, with all necessary permits secured, and all necessary authorizations delivered, and ready to go."

Meanwhile, Taiwan's Ministry of Economic Affairs said Wednesday that talks were progressing and that state-owned CPC Corp. would purchase 6 million metric tons of LNG annually once production begins, consistent with a letter of intent signed in March 2025, according to The Taipei Times.

The ministry described Taiwan as considering an investment of up to $4.4 billion in the project, which includes an approximately 807-mile pipeline.

"Specific investment arrangements, equity stakes and related terms will be determined through subsequent negotiations and commercial contract procedures," the ministry said.