Trump and Lutnick announce Taiwan's commitment to Alaska natural gas project

President Donald Trump and Commerce Secretary Howard Lutnick announced at a rally in Alaska on October 13, 2026, that Taiwan has committed to investing in and purchasing 30% of the natural gas produced at a pipeline project in the state. Trump's remarks were made during a campaign speech supporting Senator Dan Sullivan (R-AK) and other Republican candidates in Wasilla. He highlighted Sullivan's efforts to attract foreign investments into the Alaska liquefied natural gas pipeline and related projects. Trump stated that Taiwan will invest $4.4 billion into the project, in addition to the $50 billion already committed by South Korea. This announcement follows a September event at the White House where the pipeline project backed by South Korea was revealed. Later in the speech, Lutnick reiterated the Taiwanese investment, stating that they agreed to purchase 30% of the production from the pipeline and emphasized the importance of the investment for the project’s success.