Trump Announces $80 Billion Taiwan LNG Deal
President Donald Trump has announced a massive new energy agreement with Taiwan, claiming the island will purchase between $70 billion and $80 billion worth of liquefied natural gas from Alaska over the next two decades, as Asian importers scramble to secure supplies beyond the increasingly dangerous Strait of Hormuz. In a Truth Social post on Wednesday, Trump said Taiwan had committed to purchasing 30% of the planned Alaska LNG project's output for 20 years, alongside a $4.4 billion equity investment. The president described the arrangement as…
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Story file
- Section
- Business
- Topics
- Economy & RBI
- First reported by
- Oil Price
- Reporter
- tom kool
- Published
- Thursday, 15 October 2026, 2:30 am IST
- Coverage
- 2 independent outlets
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