South Korea’s LNG imports up in March

South Korea, the world’s second-largest buyer of LNG, boosted its imports of the chilled fuel by 3 percent in March year-on-year.

The country imported 3.53 million mt of LNG in March, as compared to 3.43 million mt in the corresponding month the year before, according to the customs data.

South Korea paid about $1.43 billion for March imports, the data showed.

The world’s largest LNG exporter, Qatar, remained the dominant source of South Korean imports with 884,057 mt of the chilled fuel imported from Qatar last month.

Australia was the second-largest LNG supplier to Korea in March with 774,113 mt.

The remaining volumes imported into South Korea were sourced from Oman, Malaysia, Indonesia, Peru, Brunei, Russia, USA, Nigeria, Equatorial Guinea, Angola and Trinidad and Tobago.

LNG World News Staff