South Korea May LNG Imports Up

South Korea May LNG Imports Up

South Korea, the world’s second-largest buyer of LNG, imported 2.92 million tonnes of LNG in May, up 32.1% from the same month in 2012.

The country imported 18.73 million tonnes in January-May, up by 17.3% compared to the same period a year before.

The average LNG price paid declined 8.4% YoY to $14.55/mn Btu in May.

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LNG World News Staff, June 18, 2013