South Korea’s Kogas boosts July sales

South Korea’s Kogas, the world’s second-largest corporate buyer of LNG, reported a 10.5 percent increase in its domestic gas sales in July.
According to the Kogas’ monthly sales report, the July natural gas sales volumes reached 2.36 million tonnes of LNG equivalent, compared to 2.13 million tonnes of LNG in the corresponding month last year.
Sales in the power generation sector rose 8 percent to 1.37 million tonnes while city gas sales reached 0.98 million tonnes, up by 14.2 percent on year, Kogas said.
Kogas operates in total 72 LNG storage tanks in South Korea. It imports about 96 percent of Korea’s LNG demand via its four terminals, namely Incheon, Pyeongtaek, Tongyeong and Samcheok.
LNG World News Staff
List of related news articles
-
Posted: about 1 month ago
Kogas completes world's first STS LNG loading test
South Korea’s Kogas has performed the first ship-to-ship liquefied natural gas (LNG) loading verific...
Posted: about 1 month ago -
Posted: 1 day ago
South Korean LNG imports slip
South Korean imports of liquefied natural gas (LNG) slipped in December 2020, when compared to the c...
Posted: 1 day ago -
Posted: 2 months ago
ExxonMobil approves KOGAS' LNG tank tech
ExxonMobil Upstream Research Company granted approval for KOGAS’ design of a fully protected o...
Posted: 2 months ago -
Posted: 23 days ago
Korea: new initiative to promote eco-friendly ship tech
The South Korean government has presented a new initiative promoting eco-friendly ship technologies....
Posted: 23 days ago