LNG

Japan and South Korea boost LNG imports for summer

South Korea’s LNG imports increased by 42% year on year in July, while Japan’s were up by 3.6% South Korea’s LNG imports increased by 42% year on year in July, while Japan’s were up by 3.6%.
By Andrew Walker 7 September 2017 0 27483
Chart showing South Korean LNG volumes in July

South Korea’s LNG imports increased by 42% year on year in July, pushing its LNG imports over the first seven months of the year to more than 20% higher than the same period last year. Eight of the country’s oldest coal-fired power stations were taken offline last month, causing a spike in LNG supplies, which are typically much lower during the summer months.

The offline plants also caused an increase in imports in July. The...