Kogas July sales down 20 pct

Kogas of South Korea, the world’s largest corporate buyer of LNG, said its sales volume totaled 1.90 million mt in July, a drop of 20 percent as compared to the same month last year.

Gas sales into the power sector were at 1.01 million mt, down 26.8 percent when compared to July in 2014, Kogas said in a filling to the stock exchange.

The company’s city gas sales dropped 10.6 percent on year to 887,000 mt.

Kogas imported 16.54 million mt of LNG in the first half of 2015, down 17.1 percent as compared to the previous year.

 

LNG World News Staff; Image: Kogas