# Trump says Taiwan will buy 30% of Alaska LNG output for 20 years and invest $4.4 billion

Trump announced the commitment at a campaign rally in a state hurt by high energy prices. It adds to South Korea's $50 billion pledge for a project that has signed buyers for 13 million of its planned 20 million tons a year.

- Published: 2026-10-14T05:07:36.512Z
- Canonical: https://polylog.news/2026-10-14/trump-says-taiwan-will-buy-30-of-alaska-lng-output-for-20-ye
- Publisher: Polylog (Global desk)
- Section: geopolitics
- Sources: [The Hindu](https://www.thehindu.com/news/international/trump-says-taiwan-to-buy-30-of-gas-from-alaska-pipeline/article71582181.ece), [Investing.com Commodities](https://www.investing.com/news/commodities-news/trump-campaigns-in-alaska-a-conservative-state-feeling-the-pinch-of-high-energy-prices-4947922), [Investing.com Commodities](https://www.investing.com/news/commodities-news/trump-says-oil-gas-and-mineral-exploration-to-begin-in-greenland-4947991)

At a rally in Wasilla, Alaska, for Republican Senator Dan Sullivan, President Donald Trump said Taiwan has agreed to buy 30% of the liquefied natural gas (LNG) from the Alaska LNG project for 20 years. Commerce Secretary Howard Lutnick said Taiwan will invest $4.4 billion in the project, [the Spokesman-Review reported](https://www.spokesman.com/stories/2026/oct/13/trump-says-taiwan-agrees-to-buy-30-of-lng-from-ala/). [The Hindu](https://www.thehindu.com/news/international/trump-says-taiwan-to-buy-30-of-gas-from-alaska-pipeline/article71582181.ece) reported that the commitment comes as Taipei tries to secure Washington's support during tensions with China.

The project still has to be built. If completed, Alaska LNG would export up to 20 million tons of LNG a year. So far it has agreements covering 13 million tons a year with buyers in Asia and France's TotalEnergies, and South Korea has pledged $50 billion. Taiwan's position is not new. Last year, under pressure from US tariffs, Taiwan's economy minister said the US share of the island's gas imports would rise to 20% to 30%, [Yahoo Taiwan reported](https://tw.stock.yahoo.com/news/%E7%BE%8E%E5%B0%8D%E7%AD%89%E9%97%9C%E7%A8%85%E5%A8%81%E8%84%85-%E7%B6%93%E6%BF%9F%E9%83%A8%E6%8E%A1%E8%B3%BC-%E9%98%BF%E6%8B%89%E6%96%AF%E5%8A%A0%E5%A4%A9%E7%84%B6%E6%B0%A3-%E6%B8%9B%E9%A0%86%E5%B7%AE-043939682.html).

Domestic politics shaped the announcement. Trump campaigned in Alaska, a conservative state where residents are paying high energy prices, [Investing.com reported](https://www.investing.com/news/commodities-news/trump-campaigns-in-alaska-a-conservative-state-feeling-the-pinch-of-high-energy-prices-4947922). He again predicted lower oil prices, [InvestingLive reported](https://investinglive.com/commodities/trump-says-taiwan-to-buy-30-of-alaska-pipeline-gas-again-predicts-lower-oil-prices/). He also said oil, gas and mineral exploration would begin in Greenland, [according to Investing.com](https://www.investing.com/news/commodities-news/trump-says-oil-gas-and-mineral-exploration-to-begin-in-greenland-4947991).

The Gulf war gives Asian buyers a reason to sign. Iranian strikes damaged Qatar's Ras Laffan site, and Iran's blockade of the Strait of Hormuz has cut Qatar's gas exports, which have no other route, [the Times of Israel reported](https://timesofisrael.com/liveblog-october-13-2026). Alaska gas would reach Asia across the Pacific without passing through Hormuz or the Malacca Strait.

## What this means

Taiwan is paying for US political support with a long-term purchase commitment and capital. The project gives Washington a commercial reason to keep the shipping route to Taiwan open. Asian importers gain gas supply that avoids Hormuz, and Qatar loses long-term market share in North Asia. The weak point is cost. Signed purchase agreements do not guarantee a final investment decision, and a pipeline of this length is exposed to cost overruns that buyers may refuse to absorb. Market reporting has treated each new Asian pledge as a sign the project will be built. The more likely outcome is more politically driven commitments from allies such as Japan over the coming months, while financing and a final investment decision take longer than the rally timetable suggests. That depends on the Gulf disruption keeping Asian buyers worried about Hormuz. A firm construction contract and financing close within a year would show the commitments are commercial. Buyers renegotiating volumes once Hormuz traffic normalizes would show they were political.

## What to watch

- Whether the project's developers announce a final investment decision and secure financing. That step, not rally announcements, turns purchase pledges into gas.
- Statements from Beijing on Taiwan's energy deals with the United States. Chinese trade or military pressure tied to the deal would raise risk for the project and for Taiwan.