The US position of using tariffs as a commercial negotiating tool appears to be bearing fruit in places, with Taiwan considering tripling US LNG imports to avoid tariffs.
Minister of Economic Affairs Kuo Jyh-huei said Taiwan is also exploring opportunities to join Alaska’s LNG extraction project, with investments capped at 50%.
The project, authorised during President Trump’s first term and re-authorised by President Biden, features the construction of a 1,300-km pipeline to transport natural gas from northern Alaska to the southern part of the state for liquefaction, before being shipped to Asian markets.
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