Asia Pacific: Storage
Gas storage levels in South Korea are low, a situation that will continue through the peak of winter.
South Korea’s gas storage levels were down by around 44% on an annual basis before the peak winter demand period, and were 42% below the average for the past three years. The need for additional gas has resulted in South Korea buying more spot LNG cargoes, including supplies from the US. This will buoy up the country’s demand for LNG.
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up