The day after his Oct. 13 campaign visit to Wasilla, Alaska, President Trump announced that he has secured another $70 to $80 billion for the proposed Alaska gas line project.
“I was just in Alaska launching the largest Energy Infrastructure Project in Alaska History – The Alaska LNG Project,” Trump posted to his Truth Social account. “This 50 Billion Dollar Infrastructure Investment from The Republic of Korea is part of their Trade and Investment Deal with me.”
He also announced that Commerce Secretary Howard Lutnick has “secured an Offtake Commitment from Taiwan of between 70 to 80 Billion Dollars for Alaska LNG.”
“That is 30% of the Pipeline for the next 20 years,” Trump added. “This is the largest Offtake Agreement in History. On top of that, Taiwan has also agreed to invest 4.4 Billion Dollars in Equity into the Project, because this is now a U.S. Federal Government Project, with all necessary permits secured, and all necessary authorizations delivered, and ready to go.”
Trump called the Alaska LNG project “the GREATEST Project in Alaska History,” adding that “this only happens with me in the White House.”
