{
  "id": 14667820,
  "title": "Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says",
  "url": "https://urgent.news/2026/10/15/taiwan-agrees-to-buy-30-of-gas-from-alaska-lng-project-trump-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T10:00:39.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/taiwan-agrees-to-buy-30-of-gas-from-alaska-lng-project-trump-says/"
  },
  "original_language": "en",
  "account": "U.S. President Donald Trump announced that Taiwan had agreed to purchase 30% of the gas from the proposed Alaska LNG project for the next 20 years. This deal, according to Trump, guarantees the project's success. Earlier this month, Trump also claimed that South Korea had agreed to join the $50 billion project, but Seoul denied this claim, stating that their participation was not finalized. Trump further revealed that his administration would invest an additional $4.4 billion into the project, bringing the total U.S. investment to $50 billion. However, the specifics of the Taiwan deal were not immediately clear. Last year, Taiwan's state-owned energy company CPC Corp reportedly agreed to buy LNG from Alaska Gasline Development Corp and invest in the pipeline project. Taiwan, which is home to the semiconductor giant TSMC, has experienced a surge in energy demand due to artificial intelligence growth. The island nation relies on energy imports for over 90% of its supply and projects that its average electricity demand growth rate through 2035 will exceed that of both Japan and South Korea, with an annual increase of about 2.5%, the second-highest forecast in its history. Taiwan is still awaiting major arms sales from the U.S., which Beijing considers to be its territory. The developer of the Alaska LNG pipeline, Glenfarne, stated that the project aims to deliver its first gas in 2029. Trump has also increased pressure on South Korea regarding its involvement in the project, threatening to raise tariffs if Seoul fails to sign soon. The White House, Taiwan's energy ministry, and CPC Corp did not respond to CNBC's requests for comment.",
  "summary": "U.S. President Donald Trump said that Taiwan had agreed to buy 30% of the gas from a proposed liquefied natural gas project in Alaska. “Taiwan has just agreed to buy 30% of the gas coming off the pipeline for the next 20 years,” Trump said at a rally in Alaska. “That guarantees a success.” His ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}