U.S. President Donald Trump said Taiwan agreed to buy 30% of the gas from the proposed Alaska LNG pipeline for the next 20 years, speaking at a rally in Alaska. He also said he would invest $4.4 billion in the project, on top of the $50 billion South Korea has committed, although Seoul maintains its participation has not been finalized. The terms of the Taiwan deal were not immediately clear, though Taiwan's CPC Corp had reportedly reached an agreement last year to buy LNG and invest in the pipeline. Taiwan relies on imports for more than 90% of its energy, and AI-related growth is pushing up its energy demand. Developer Glenfarne aims to deliver the project's first gas in 2029. The White House, Taiwan's energy ministry and CPC Corp did not immediately respond to requests for comment.
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