South Korea LNG news
TotalEnergies increases LNG deliveries to Asia
TotalEnergies has announced the signing of two new LNG medium and long-term contracts in Asia.
KOMIPO and Vitol extend long term LNG supply contract
Korea Middle Power Co Ltd and Vitol have agreed to extend an existing long-term LNG supply and purchase agreement.
bp and KOGAS sign long-term LNG SPA
bp has entered into a long-term LNG sale and purchase agreement with Korea Gas Corp.
ORION SPIRIT to set sail as Korea's 500th LNG carrier exported since 1994
Ministry of Trade, Industry, and Energy Minister, Dukgeun Ahn, attended the naming ceremony for the LNG carrier ORION SPIRIT on 18 April 2024 at Samsung Heavy Industries’ Geoje Shipyard, marking the 30th anniversary of Korea's first LNG carrier built in 1994.
Rystad: LNG maintains grip on fuels despite dual fuel growth
Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.
GlobalData: oil and gas contract value sustains despite 22% drop in volume during 2023
Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.
Hanwha Ocean concludes joint development project with Bureau Veritas for LNG carrier design development
Bureau Veritas has announced the successful conclusion of a joint development project with Hanwha Ocean Co., Ltd for the development of a 270 000 m3 LNG carrier.
Woodside and KOGAS sign agreement for long-term LNG supply
Woodside has signed a sale and purchase agreement with KOGAS for the long-term supply of LNG to Korea.
GTT receives tank design order from Samsung Heavy Industries for 15 LNG carriers
GTT has received an order from Samsung Heavy Industries for the tank design of 15 new LNG carriers on behalf of a leading LNG player.
Daewoo E&C installs liquefaction plant core process at Nigeria LNG’s Train 7 site
Daewoo Engineering & Construction has completed the installation of a cryogenic heat exchanger at Nigeria LNG's Train 7.