Category: Korea

LNG Canada shipped record one million metric tons in April

Exports of liquefied natural gas from the LNG Canada plant were more than one million metric tons in ‌April, Reuters reports, based on data from the monitoring firm LSEG data. All the LNG went to Asia, with about half going to South Korea. One cargo went to China when on April 24, the ‌tanker ⁠Qingcheng […]

War damage to Gulf LNG and aluminum plants disrupts markets, stalls long term planning

Iran’s missile strikes damaged 17 per cent  of Qatar’s LNG capacity, forcing a complete shutdown at Ras Laffan, the world’s largest LNG facility, Saad al-Kaabi, the CEO of QatarEnergy CEO says. That accounts for 12.8 million metric tons of LNG that is no longer available to Qatar’s mostly Asian customers. “I never in my wildest […]

KOGAS selling stake in Kitimat's LNG Canada

Reuters is reporting that the Korean Gas Corp is selling part of its stake in the Shell-led LNG Canada project in Kitimat. Reuters says KOGAS CEO Jang Seok-hyo told the World Energy Congress that the company is considering selling 5 to 10 per cent of its stake in the LNG Canada project. It currently holds 20 per […]