Story perspectives

Trump Says Taiwan Will Buy 30% Alaska LNG Gas

By Drooid · Oct 14, 2026, 3:56 AM UTC · How we work

Summary

Story summary

President Donald Trump announced Taiwan will purchase 30% of gas from the Alaska LNG pipeline.
Taiwan pledged a $4.4 billion investment in the project for the next 20 years.
Trump said South Korea has committed $50 billion to the Alaska LNG project.
Developer Glenfarne reported the pipeline aims to deliver its first gas in 2029.
The announcement was made at a Republican rally in Wasilla, Alaska on October 13, 2026.

History

Historical Context

Discovery of Prudhoe Bay gas in 1967 led to the Alaska Natural Gas Transportation Act of 1977, which set a federal framework for a pipeline. Governor Sarah Palin’s 2008 Alaska Gasline Inducement Act gave TransCanada a $26 billion license, later cancelled in 2014. At a 2026 Trump rally, the plan resurfaced with Taiwan’s $4.4 billion stake and South Korea’s $50 billion pledge, targeting first gas by 2029.

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Story summary

President Donald Trump announced Taiwan will purchase 30% of gas from the Alaska LNG pipeline.
Taiwan pledged a $4.4 billion investment in the project for the next 20 years.
Trump said South Korea has committed $50 billion to the Alaska LNG project.
Developer Glenfarne reported the pipeline aims to deliver its first gas in 2029.
The announcement was made at a Republican rally in Wasilla, Alaska on October 13, 2026.

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