liquefied natural gas Archives | Be Korea-savvy
S. Korea to Cut Import Surcharge on LNG for Power Generation

S. Korea to Cut Import Surcharge on LNG for Power Generation

SEOUL, Mar. 19 (Korea Bizwire) — South Korea’s industry ministry said Tuesday it will sharply reduce the import surcharge imposed on liquefied natural gas (LNG) in line with the government’s efforts to control fine dust pollution. The Ministry of Trade, Industry and Energy said the new rules will cut the levy on the more environment-friendly [...]

Government Starts Work to Build LNG Storage, Distribution Facilities in Jeju

Government Starts Work to Build LNG Storage, Distribution Facilities in Jeju

JEJU, South Korea, April 28 (Korea Bizwire) – A ceremony was held here Thursday for the construction of liquefied natural gas (LNG) storage facilities and distribution pipelines that aim to provide the southern resort island with a cleaner source of power by mid-2019. The work involves building two storage tanks and pipelines capable of distributing 120 tons of LNG per hour on 74,786 square meters of reclaimed [...]