Kogas posts lower sales in May
South Korea’s Kogas, the world’s largest corporate buyer of LNG, reported a decline of 8.6 percent in its sales volume in May.
Kogas sold 1.91 million tonnes of LNG in May, compared with 2.09 million tonnes a year ago, the company said in a filing to the stock exchange.
Gas sales into the power sector reached 925,000mt, a decrease of 15.8 percent from the same month in 2015.
City gas sales fell 0.6 percent on year, reaching 980,000mt of LNG, Kogas said.
LNG World News Staff