Taiwan and US confirm Alaska LNG cooperation plan

Taiwan and the US confirmed plans for Taiwan to purchase liquefied natural gas from a proposed Alaska pipeline project, with President Donald Trump announcing a 30% purchase agreement over 20 years. Taiwan's Economy Ministry confirmed participation with investment up to $4.4 billion. The plan involves buying 6 million tons of gas annually once operational, possibly by 2032, with details like equity stakes still undecided. Taiwan's state-owned CPC signed a letter of intent with Alaska Gasline Development Corp in 2025, and the deal aims to diversify energy supplies away from the Middle East. China criticized the plan, reiterating its "one China" principle and accusing Taiwan's ruling party of seeking independence through trade. Taiwan seeks to raise US gas imports from 10% to 25% by 2029, with the project potentially reaching 30%, though infrastructure costs and partner participation remain challenges.