🇺🇸🇹🇼⚡️- Taiwan says it has made significant progress toward purchasing 6 million metric tons of liquefied natural gas annually from Alaska, equivalent to 30% of the proposed Alaska LNG project's production capacity. Taipei is also considering investing up to $4.4 billion in the project, although final agreements have not been signed.
The project would give Taiwan direct access to American natural gas across the North Pacific, bypassing the Panama Canal and reducing its dependence on Middle Eastern energy supplies. Deliveries could begin as early as 2032, which would represent a significant long-term expansion of US-Taiwan energy cooperation.
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