South Korea’s Mar LNG imports rise YoY

Image courtesy of Kogas

Liquefied natural gas (LNG) imports into South Korea rose 22.5 percent in March year-on-year, according to the customs data.

The country received 4.30 million tonnes of LNG last month, as compared to 3.51 million tonnes in the corresponding month the year before.

Qatar, the world’s largest LNG exporter, Qatar, remained the dominant source of South Korean imports with 1.24 million mt of the chilled fuel imported from Qatar in March. These volumes rose by 0.35 million tonnes as compared to last year.

LNG deliveries from Australia were slightly down to total 0.72 million tonnes while imports from the US rose 0.46 million tonnes from last year to total 0.53 million tonnes.

The rest of South Korea’s LNG deliveries in March were sourced from Oman, Malaysia, Indonesia, Netherlands, Brunei, Russia, France, Peru, Trinidad and Tobago, Spain, Angola, Nigeria and Equatorial Guinea.

South Korea’s average LNG price in March was at $9.38 per MMBtu, the data shows.

In the January-March period, South Korea received 12.99 million tonnes of LNG. This compares to 11.38 million tonnes in the same period the year before.

 

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 >