South Korea's Natural Gas Sales Increased 15.8% YoY in September

According to a report from Reuters Seoul, the state-owned Korea Gas Corporation (KOGAS) said here on October 11 that South Korea sold 1.95 million tons of liquefied natural gas (LNG) equivalent of natural gas in September, an increase of 15.8% from the same period last year.

According to statistics, South Korea sold 863 billion cubic feet of natural gas in September.

The world’s largest LNG purchase company and South Korea’s only LNG wholesale company, Korean Natural Gas Corporation, said in a document submitted to the Seoul Stock Exchange that 1.1 million tons of LNG was sold to South Korea in the 1.95 million tons of LNG sold in September. The power generation sector increased by 22% year-on-year, and the remaining 850,000 tons of LNG was sold to households and businesses, an increase of 8.8% year-on-year.

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