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Project Insights

Kogas sees opportunities in small-scale LNG

The delivery of a small-scale LNG vessel this month will allow Kogas to start operations at its Jeju terminal and a second such vessel will offer ship-to-ship bunkering at the port of Busan The delivery of a small-scale LNG vessel this month will allow Kogas to start operations at its Jeju terminal and a second such vessel will offer ship-to-ship bunkering at the port of Busan.
By Andrew Walker 16 May 2019 Asia Pacific / LNG 0 34224
The Tongyeong LNG terminal. (Kogas)

The key issue: Kogas anticipates the delivery of its first small-scale LNG vessel this month, which will enable it to start up operations at its Jeju LNG terminal.

Interfax analysis: The delivery of small-scale LNG vessels to Kogas represents an opportunity for the South Korean company to expand the use of LNG to South Korea’s islands and encourage the adoption of the fuel in shipping – especially for large ocean-going vessels.

Kogas has two small-scale LNG vessels on order from Samsung Heavy Industries (SHI). It expects...