Peru LNG Cargo Heads for South Korea

Peru LNG shipped a cargo of liquefied natural gas to South Korea on March 18, according to PeruPetro S.A.

The cargo is being hauled by the 173,400 cubic-meter Sevilla Knutsen, operated by Knutsen OAS Shipping, and it is due to arrive at the Incheon terminal on April 10.

The Peru LNG project includes two parts: an LNG plant with a marine terminal from which LNG is sent overseas, and a pipeline connected to the existing TgP pipeline to transport natural gas from the connection point in the mountains of Ayacucho to the LNG plant located on the coast.

Four energy companies form the Peru LNG consortium: Hunt Oil Company of the United States, with a 50% participating interest; SK Energy of South Korea, with a 20% participating interest; Repsol of Spain, also with a 20% participating interest; and Marubeni Corporation of Japan, with a 10% participating interest.

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LNG World News Staff, March 19, 2013; Image: Knutsen