Taiwan's plan to buy Alaska LNG adds to Asian demand for US gas

Nikkei Asia+1 · 4 hours ago
Taiwan's plan to buy Alaska LNG adds to Asian demand for US gas
  • Taiwan plans to buy 6 million metric tons of liquefied natural gas from the Alaska pipeline project.
  • Tokyo Gas is expanding use of floating LNG terminals across Southeast Asia as gas fields in the region begin to run dry.
  • Coal prices for power generation have risen roughly 40% since the start of the year as high natural gas prices drive record coal demand.

Quotes

“accelerating the utility's pivot away from its traditional focus on supplying gas to homes in Japan”— Nikkei Asia

Sources