South Korea’s sudden hunger for LNG surprises analysts

Monday, 02 October 2017

Strikingly, South Korea’s year-to-date LNG demand has risen by over 4 million tons – contrary to expectations it would fall. Price sensitive Korean buyers got really interested in US shale gas and have already bought eight cargos from Cheniere Energy’s Sabine Pass terminal; now Korea Gas Corp. (KOGAS) is also considering investing in LNG projects in Alaska, Texas and Louisiana. 


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