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>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association…

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

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

read more >