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Policy & Regulation

Kogas forges closer LNG ties with Gazprom

South Korea and Russia are developing a partnership in the LNG sector ahead of rising regional demand in Asia on the back of coal-to-gas switching South Korea and Russia are developing a partnership in the LNG sector ahead of rising regional demand in Asia on the back of coal-to-gas switching.
By Sally Bogle 5 days ago Asia Pacific / Supply & Demand 0 34571
A tanker docked at South Korea's Incheon LNG terminal. (Kogas)

The key issue: Kogas is looking to cooperate more closely with Russia’s Gazprom as South Korea starts planning to increase its use of imported LNG in the coming decade.

Interfax analysis: Building closer ties with Russia is becoming more and more important for South Korea as it seeks to diversify its LNG import sources ahead of a planned expansion of its gas-fired generation capacity and the use of imported gas as a feedstock to produce ‘blue’ hydrogen

At last week’s Fifth Eastern Economic Forum in...