
Aiming for energy security, Taiwan seeks to invest in Alaska LNG project
Taiwanese state energy firm CPC Corp signed on Thursday an agreement with Alaska Gasline Development Corp to buy liquefied natural gas and invest in the project, a move Taiwan's President Lai Ching-te said would ensure the island's energy security.
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Taiwanese state energy firm CPC Corp signed on Thursday an agreement with Alaska Gasline Development Corp to buy liquefied natural gas and invest in the project, a move Taiwan's President Lai Ching-te said would ensure the island's energy security.
Officials from state-run AGDC and development partner Glenfarne Group are visiting Asian countries this week to court investors for a natural gas project that President Donald Trump says could pump trillions of dollars into the U.S., although analysts say the project's high costs have been a focal point for years.
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