Trump: Taiwan to buy 30% gas from Alaska

U.S. President Donald Trump announced that Taiwan has agreed to purchase 30% of the natural gas intended for the Alaska pipeline project over 20 years, ensuring the success of the $50 billion project. He also stated that China will participate with an investment of $4.4 billion, although details and conditions have not yet been clarified. Taiwan relies on imports to meet more than 90% of its energy needs, and its electricity demand is expected to grow at a rate exceeding 2.5% annually until 2035, driven by increased demand linked to the growth of the artificial intelligence sector. The project strengthens energy ties between the United States and Taiwan amid the island’s reliance on imports and aligns with its efforts to enhance energy security amid regional tensions.

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