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S.Korea's 2018 LNG imports to hit record high over 42 mln T [Reuters]

Korea Electric Power Corporation (KEP) 
Company Research Source: Reuters
S.Korea's 2018 LNG imports to hit record high over 42 mln T | Reuters 4 Min Read * LNG imports to hit record high of 42.8 mln T -Refinitiv data * Strong demand for power generation has boosted LNG imports * LNG imports to be lower in 2019 on increased coal, nuke power * S.Korea's LNG imports: tmsnrt.rs/2QZQH5M By Jane Chung SEOUL, Dec 19 (Reuters) - South Korea’s imports of liquefied natural gas (LNG) are set to reach an all-time high over 42 million tonnes in 2018 thanks to robust power generation demand, but next year’s shipments are likely to ebb on increased coal and nuclear power. South Korea, the world’s No.3 LNG importer after Japan and China, typically takes between 33 million and 37 million tonnes of LNG a year, mainly for heating, power generation and cooking. This year, a volume of 42.8 million tonnes of LNG is the expected intake, up 13.8 percent from 37.6 million tonnes last year, according to ship-tracking data from Refinitiv Eikon. That would top 2013 LNG import levels Show less Read more
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