Kogas Dec sales rise 9.6 pct YoY

South Korea’s Kogas, the world’s second-largest corporate buyer of LNG, boosted its gas sales by 9.6 percent in December year-on-year.

Kogas said in a filing to the stock exchange it sold 3.83 million mt of LNG equivalent in December, as compared to 3.50 million mt in the same month in 2015.

Sales in the power generation sector increased 16.4 percent to 1.68 million mt while city gas sales reached 2.32 million mt, a rise of 5.6 percent when compared to December 2015.

To remind, Kogas reported a 32.5 percent jump in sales for November 2016 to 3.41 million mt of LNG.

LNG World News Staff