Taiwan Signs Up for Alaska LNG Export Project

Taiwan’s state-held oil and gas company CPC Corporation on Thursday signed a letter of intent to invest in the Alaska LNG export project and buy LNG from it, as part of a move to bolster its gas supply and energy security. The preliminary deal was signed between CPC and the state-run firm Alaska Gasline Development Corporation (AGDC) in the presence of Alaska Governor Mike Dunleavy, the Taiwanese Ministry of Economic Affairs said in a statement.

Officials from Alaska are currently touring several countries in Asia, including Japan and South…