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Trump says Taiwan agreed to buy 30 percent of gas from Alaska pipeline

Trump says Taiwan agreed to buy 30 percent of gas from Alaska pipeline

Summary

President Donald Trump said that Taiwan agreed to buy 30 percent of gas from the Alaska pipeline for the next 20 years. He also said Taiwan will invest $4.4 billion in the project, adding to $50 billion South Korea has already committed.

Key Facts

  • Taiwan will purchase 30 percent of gas from the Alaska pipeline for 20 years.
  • Taiwan plans to invest $4.4 billion in the pipeline project.
  • South Korea has already committed $50 billion to the pipeline.
  • President Trump announced this at a campaign rally in Wasilla, Alaska.
  • The announcement relates to energy trade involving Alaska, Taiwan, and South Korea.
  • The deal is part of ongoing efforts to expand U.S. energy exports.
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