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Canada’s west coast LNG projects gain momentum
Geographical position, long-term demand and decarbonisation efforts continue to support the region’s burgeoning LNG sector
Hong Kong looks to LNG to cut emissions
The special administrative region has introduced the fuel as part of its drive for carbon neutrality, but it will take years for imports to ramp up
Malaysia LNG faces growing gas supply challenges
Pipeline problems, maturing fields, gas quality issues and territorial disputes threaten to erode Malaysia’s LNG exports
LNG market braces for Australian strikes
Significant capacity is affected, but the market impact may prove limited
Karpowership charts unique course
The floating power station specialist discusses its plans in South Africa and elsewhere
Southeast Asia embraces LNG
Vietnam and the Philippines lay down a marker for the region’s growth prospects with new import terminals
Energy crisis resets expectations for Asia-Pacific LNG demand
Reliability and affordability key in price-sensitive Asian market amid renewed global dependency on natural gas
Asia’s LNG approach evolves
Asia learns energy security lessons after counting the costs from the destination flexibility of LNG
LNG industry’s faith unwavering on Asian demand
The number of supply projects under construction around the world suggests developers and buyers believe in decades of future growth
Asia’s quest for low-emission LNG
Appetite among the region’s buyers for LNG that can demonstrate low greenhouse gas emissions amid recognition of long-term fossil fuels role
South Korea is dependent on Australia and Qatar for its LNG supply
LNG South Korea
Simon Ferrie
3 May 2023
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LNG crucial for South Korea despite nuclear focus

Liquefied gas may lose market share to nuclear in South Korea, but demand could still be robust

South Korea is the world’s third-largest LNG importer, behind China and Japan. The country takes in c.46mn t/yr of the fuel, more than 10pc of the global market, making it a key consumer in a sector that has only grown in importance since the start of the Ukraine war and the emergence of Europe as a competing demand hub. And despite Seoul’s renewed embrace of nuclear power and plans to trim its dependence on imported gas, South Korea’s LNG intake is unlikely to have peaked, analysts suggest. The government of President Yoon Suk Yeol plans to build new nuclear power plants, in a significant departure from the previous administration of Moon Jae-in, who halted nuclear projects and talked about

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