Taiwan to Invest $4.4B in Alaska Gas
Taiwan has confirmed its readiness to invest up to $4.4 billion in a gas pipeline project in Alaska, which includes purchasing 6 million tons of liquefied natural gas annually starting from the expected production beginning in 2032. This announcement coincides with U.S. President Donald Trump's declaration that Taiwan will contribute 30% of the gas transported through the pipeline over the next twenty years, as part of efforts to strengthen national energy supplies and increase reliance on natural gas imports, amid the island's efforts to maintain Washington's support in the face of China.
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