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Incheon first started operations in October 1996. It is owned and operated by KOGAS, which owns the entire transmission network and has a monopoly on wholesale gas sales in South Korea. The EPC was handled by a consortium consisting of DSI Korea, DYWIDAG and DSI Munich. It is one of the largest regasification terminals in the world and it is situated on a reclaimed island eight km away from the mainland due to safety concerns.Incheon has a nominal regasification capacity of 27.5 mmtpa and ...
As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 50% between 2015 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.
This LNG Regas Asset report provides an in-depth analysis of this regas terminal, including ownership, capacity details, monthly import data, operational information and tariffs.
LNG market participants and advisers can use this report to understand the regas terminal and its role in the wider gas market. Additionally, it will help you recognise regas usage and access opportunities.
Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry.
We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.
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Asset report | Nov 2016
Incheon - LNG regas terminal
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