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.
","author_name":"Daily SumUp"}