South Korea’s June LNG imports rise YoY

Image courtesy of Kogas

Liquefied natural gas (LNG) imports into South Korea rose 8.8 percent in June year-on-year, according to the customs data.

The country received 3.76 million tonnes of LNG last month, as compared to 3.45 million tonnes in the corresponding month the year before.

The data shows that South Korea paid an average of $9.80 per mmBtu for LNG last month. This compares to $7.85 per mmBtu in June last year.

Qatar, the world’s top LNG exporter, remained the dominant source of South Korean imports with 1.15 million tonnes of the chilled fuel imported from Qatar last month.

Australia was the second-largest LNG supplier to Korea in June with 625,033 mt.

The remaining volumes imported into South Korea were sourced from Oman, Indonesia, Malaysia, USA, Russia, Peru, Brunei, Nigeria and Papua New Guinea.

In the January-June period, South Korea imported 22.7 million tonnes of LNG, as compared to 19.6 million tonnes in the same period last year.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Oct 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

LNG Supply, Transport & Storage South Asia Forum 2018

LNG Supply, Transport & Storage South Asia Forum 2018 will address and propagate LNG imports…

read more >

Offshore Energy Exhibition & Conference 2018

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event.

read more >

LNG Philippines Forum 2018

LNG’s role in the Philippines’ energy mix will only get bigger…

read more >

5th Mozambique Gas Summit & Exhibition

Following the Summit’s success in 2017, the CWC Group in partnership with ENH and with the support and participation from MIREME and INP, are delighted to invite you to the 5th edition of the Mozambique Gas Summit & Exhibition taking place at a larger venue this year, the NEW Joaquim Chissano Conference Centre in Maputo on 31 October – 2 November 2018.

Recognised as the leading strategic meeting for Mozambique’s gas industry, the event addresses the entire gas and LNG value chain bringing together Government officials with industry stakeholders for 3 highly interactive days of networking and frank discussions aiming to establish Mozambique as the next international gas hub.

More info

read more >