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Taiwan Commits Up to $4.4 Billion to Alaska LNG Megaproject

Taiwan has agreed to invest up to $4.4 billion in the Alaska LNG project and commit to buying 30% of its output over a period of 20 years, President Trump said, as quoted by AFP, during a campaign rally in Alaska. Earlier today, Taiwan confirmed its intention to spend over $4 billion on the Alaska LNG project and commit to buying liquefied gas from the new facility, which is yet to be built, along with a pipeline to carry the gas to the export terminal. According to a report in Focus Taiwan, the country’s state energy company CPC Corp. will…