Pyeongtaek was South Korea's first LNG terminal when it opened in 1987. It is owned and operated by the state-owned integrated utility, KOGAS. LNG was introduced due to the second oil crisis in 1979 that forced the government to reduce reliance on LPG imports. This saw the construction of the Pyeongtaek terminal in 1983.Pyeongtaek has a nominal regasification capacity of 27.3 mmtpa and a peak sendout capacity of 3,636 tonnes/hour. It has 23 storage tanks with a total capacity of ...
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