Global gas markets long-term highlights - South Korea H2 2016: Headwinds dampen gas demand prospects
Gas demand fell in 2016 as gas lost share in power generation. Outlook for electricity demand slashed – as softer economy bites. Nuclear issues and weather provided a boost to LNG imports in H2 2016. KOGAS remerged as a spot LNG buyer in Q4 2016 – due to short term factors.