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Markets & Forecasts

South Korea shows growing appetite for US LNG

The country imported greater volumes of LNG in August, with the US boosting its share of the market The country imported greater volumes of LNG in August, with the US boosting its share of the market.
By Menelaos Vakalopoulos 27 September 2019 Asia Pacific / LNG 0 34628
South Korean LNG imports

South Korea’s LNG imports were up in August by 24.3% on an annual basis and 18.7% on a monthly basis, to 3.6 mt. The country’s LNG imports have been rising since July on an annual basis despite having fallen in H1 2019.

South Korea’s Top 5 LNG suppliers, 2019

Qatar and Australia maintained their positions as the two largest suppliers of LNG to South Korea last month, providing roughly 55% of the volumes received. Qatar supplied 1.0 mt of LNG...