South Korea’s KOMIPO launches LNG cargo tender

South Korean power company KOMIPO is reportedly seeking a liquefied natural gas (LNG) cargo for delivery in November.

The LNG cargo is for delivery between November 16 and 21, Reuters reported on Friday citing a tender document.

The tender will close on July 24, the report said.

In a separate report, Reuters says that South Korean imports of LNG are set to ease from record levels racked up in the first-half of the year, with appetite for the fuel from utilities seen fading as a raft of nuclear power stations come back online.

The country’s imports of  LNG rose nearly 16 percent year-on-year to a record 22.7 million tonnes in the first six months of 2018, boosted by demand from power firms.

But with an average of only six reactors expected to be offline over the rest of the year, analysts say shipments of LNG into the world’s No.3 importer of the fuel are likely to decline, the report said.

Share this article

Follow LNG World News

Posted on July 20, 2018 with tags .

Events>

<< Dec 2018 >>
MTWTFSS
26 27 28 29 30 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 5 6

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Cryogenic Storage Tanks – International Conference

The main conference topics are current international tank standards, safety concepts, tank design criteria…

read more >

The International Gas Cooperation Summit (IGCS)

The Summit will put the objectives of South Africa and the region at the forefront of international gas development…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >