LNG

Feb 12 (LNGJ) - South Korean LNG importer Korea Gas Corp. (Kogas) said it had entered an arbitration process with the Australian North West Shelf LNG plant in Western Australia, operated by Woodside Petroleum, to settle an LNG contract dispute dating back to 2016. The arbitration relates to differences over a price renegotiation. Kogas imports most of South Korea’s LNG from plants in Australia, the Middle East and Asia to its four terminals at Incheon, Pyeong-Taek, Samcheok and Tong-Yeong.