Trump: Taiwan to buy US LNG for 20 years
U.S. President Donald Trump announced that Taiwan will purchase liquefied natural gas from an American project in Alaska for 20 years, and that it will invest an additional $4.4 billion to complete the project. This agreement aims to diversify Taiwan's sources of natural gas supplies, especially amid energy flow disruptions through the Strait of Hormuz caused by the Middle East war. Taiwan is heavily reliant on energy imports. The strategic project is massive, requiring the construction of a 1,287-kilometer pipeline and liquefaction facilities. It comes as part of Trump's efforts to strengthen U.S. energy security and pursue foreign and economic policies aimed at gaining political advantages ahead of the upcoming Congress elections.
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