South Korea LNG market report
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Report summary
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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