Commodity Market Report
South Korea LNG market report
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Report summary
Our report provides in-depth analysis of South Korea's LNG market, covering demand outlook, infrastructure, contracts, policy, and market structure. Read the report to discover: • How different drivers will impact South Korea's long-term LNG demand? • How energy policy evolves with changes in political leadership? • The latest trends in contracting activities and pricing. • What drives power companies' coal-to-gas switching decisions?
Table of contents
- Power demand growth, inter-fuel competitions and energy transition commitments are the primary drivers of South Korea’s LNG demand outlook
- South Korea’s energy policy is evolving amid political leadership change
- KOGAS still dominates the country’s LNG infrastructure, while third-party access to infrastructure has improved
- As long-term contracts expire from the mid-2020s, South Korean buyers have moved decisively to sign new term contracts, ensuring LNG supply security
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