KOGAS to import 2.8 mln tons of LNG from the United States
Oct 21, 2015
South Korea’s state-run gas corporation said Wednesday that it will import 2.8 million tons of liquefied natural gas (LNG) annually from the United States starting in 2017.The amount to be imported is equal to 10 percent of what the country needs per annum, Korea Gas Corp. (KOGAS) said. It added that bringing in LNG from North America can reduce the country’s dependence on imports from existing suppliers.Asia’s fourth largest economy is one of the largest consumers of natural gas in the world, w