South Korea buys US coal

South Korea’s utilities have purchased 1.5 mt of coal from the United States as Seoul seeks to reduce its trade surplus with the US.
By Staff reporter 29 March 2017 0 25266

South Korea’s utilities have purchased 1.5 mt of coal from the United States as Seoul seeks to reduce its trade surplus with the US, according to Hellenic Shipping News.

South Korea is also looking to expand its LNG purchases from the US to avoid any punitive trade measures from the administration of President Donald Trump.

It is also planning to diversify its LNG supply sources away from Asia and the Middle East.

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