Korea’s temporary nuclear shutdowns not yet boosting LNG demand

The temporary shutdown of four nuclear reactors in South Korea is not expected to provide a boost to the country's LNG demand over the coming months
By Catriona Scott 6 October 2016
South Korea has six nuclear power plants.

Directional impact on forecast:
No impact on Northeast Asia LNG spot prices

The temporary shutdown of four nuclear reactors in South Korea is not expected to provide a boost to LNG demand in the country over the coming months.

Four reactors at the Wolsong nuclear plant were manually shut down following a 5.8 magnitude earthquake that hit South Korea in September. The combined capacity of the reactors is 2.7 GW, accounting for 11% of the country’s total nuclear capacity. Initial safety checks have not found...

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