KOGAS requests LNG cargo deferrals

Published by David Rowlands, Editor
LNG Industry, Thursday, 09 April 2020 10:30

According to Reuters, South Korea’s top LNG buyer, KOGAS, has requested that some of its LNG cargo deliveries be deferred.

Reuters reports that details of the cargo deferrals were not immediately available. In addition to this, it is not currently clear if these requests have been agreed to.

KOGAS has reportedly cited high inventory levels due to the coronavirus pandemic affecting downstream demand as one reason to request the deferrals.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/09042020/kogas-requests-lng-cargo-deferrals/

Wood Mackenzie: The global LNG market faces disruption of 80 million tpy of Gulf supply, yet power prices in Europe held stable at €90/MWh

Wednesday 29 April 2026 12:00

Data released by Wood Mackenzie shows the Middle East conflict disrupted 80 million tpy of Gulf LNG exports, yet power markets absorbed the shock through fuel diversification.

You might also like