South Korea’s LNG imports decline in October

South Korea’s LNG imports decline in October

South Korea, the world’s second-largest buyer of LNG, imported 2.76 million tonnes of LNG in October, down 13 percent from the same month in 2013.

The average LNG price paid rose 11.7 percent to $16.16/MMBtu in October as compared to the year before, customs data shows.

Kogas of South Korea sold 2.51 million tonnes of LNG in October, down 9.8 percent compared to the same month in 2013, it said in a filling to the stock exchange.

The world’s largest corporate buyer of LNG said its gas sales into the power sector were at 1.34 million tonnes, a drop of 13.6 percent on year, while its city gas sales were down 5.1 percent on year to 1.17 million tonnes.

LNG World News Staff; Image: Kogas

Share this article

Follow LNG World News

One thought on “South Korea’s LNG imports decline in October”

Comments are closed.

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 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 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >