Korea’s Kogas Eyes Big Supply Boost From Australia

Demand in South Korea is recovering and Kogas is keen to line up new term supplies from Australia to avoid a repeat of 2008, when Seoul’s refusal to sanction more contracts proved extraordinarily costly for the state-owned firm and helped drive spot market prices above $20/MMBtu.

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This article appeared in the May 2010 issue of LNG in World Markets. Click to view more information about this publication, or to subscribe.

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