News - South Korea
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SK Shipping is confident of achieving a leadership status in shale gas transportation.
"Now that we have the world's largest LNG carriers, we will take a step forward in the area of shale gas transportation" Paek Sok-hyon, SK Shipping president, said this in a press conference, Korea IT Times reported.
Daewoo International, a trading arm of South Korea's POSCO, said Thursday it would start sales of natural gas, which will be produced from June in its two offshore gas blocks in Myanmar, to China, The Korea Herald reported.
The two offshore blocks A1 and A3 has been in exploration since 2000 with the...
SK E&S Co., South Korea's leading city gas provider, has signed a deal with a Chevron-led consortium to import liquefied natural gas (LNG) from offshore East Kalimantan in Indonesia, Yonhap News Agency reported citing industry sources. The company intends to import 1.5 million tons of LNG per year...
South Korea restarted imports of natural gas liquids (NGL) from Iran in March after a gap of eight months, Reuters has reported citing data from customs department.
The imports were halted because South Korea was unable to find ships to carry the feedstock due to the European Union sanctions on Iran.
Japan and South Korea are expected to hold talks pertaining to joint purchases of liquefied natural gas to cut import cost.
Citing Japanese officials who asked not to be identified, Bloomberg reported the meet for talks will likely be before September. Japan and South Korea are world’s two largest...
Korean Gas Corporation (Kogas) will receive 16 liquefied natural gas shipments from Indonesia’s Tangguh plant in West Papua, which were previously allotted for Sempra Energy, a California-based energy firm, Jakarta Globe quoted Rudi Rubiandini, the chief of Indonesia’s temporary oil and gas...
DNV and Korea Gas Corporation (KOGAS), have entered into an agreement to cooperate on a feasibility study on the establishment of an LNG bunkering infrastructure in Korea.
The Norwegian firm will study the feasibility of implementing LNG bunkering in ports in the south-eastern area, Pusan, and western...
Eni has signed a tripartite agreement with Korea Gas Corporation (Kogas) and Chubu Electric Power Company for the sale of 28 cargoes of LNG (or 1.7 Mton of LNG) over the period 2013-2017.
Under this agreement, which is the first joint purchase contract between Japan and South Korea, Eni will source...
South Korea’s SK Gas is working on importing LPG made from US shale gas. “We are pushing ahead with the propane dehydrogenation (PDH) business in which LPG is one of the essentials and plan to adopt US shale gas-based LPG for the new business,” said an official of SK Gas Sunday...
South Korea and the United States have agreed to step up cooperation on shale gas, Yonhap news agency reported Friday citing a top Seoul official.
"In a meeting with U.S. Secretary of Energy Steven Chu yesterday, I had a lot of discussions on cooperation in the shale gas sector," South Korean Knowledge...