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South Korea Gas/LNG Data File

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The Gas Databooks provides a deep dive into the Asia Pacific gas/LNG markets on a country/region level and incorporates FGE’s gas/LNG balance forecasts out to 2050 under various scenarios (base/low/high).

It analyzes individual markets and the gas and LNG demand outlook relative to the Base Case in both ‘high’ and ‘low’ oil and LNG price environments for select price sensitive markets. The Databook also summarizes the global LNG supply/demand outlook as well as regional LNG demand coverage for the Middle East and North Africa, Europe, and LatAm.

The South Korea Natural Gas Outlook data pack provides a deep-dive view of gas supply, demand, trade, and infrastructure in the country.


This data pack contains (click on the Excel deliverable to download an example data-file):

FGE Gas Databook 2021 South Korea Country Report.PDF

823 KB

Scope of Coverage

  • Table of Contents
    • Key Issues to Watch: “Clean and Safe” Energy, Carbon Neutrality Targets, and the Rise of Independent Importers Will Shape South Korea’s Future Gas Demand Outlook
    • Gas Market Characteristics
    • Overview of Gas Demand (Base Case)
    • Overview of Domestic Gas Supply (Base Case)
    • Overview of Gas Trade
    • Gas Balance Outlook
    • Overview of Gas Infrastructure and Under Construction/Likely Projects
    • Annex
    • Overview of Primary Energy Consumption (PEC)
    • LNG Contracts (by Country/Portfolio)
    • Natural Gas Demand Outlook (Low and High Cases)
  • List of Figures
    • South Korea’s Gas Demand by Sector and LNG Demand Outlook
    • Natural Gas Market Structure in South Korea
    • Northeast Asia’s Annual Weighted Average LNG DES Import Price: 2010-2020
    • Tariff Structure for City Gas
    • South Korea Wholesale Gas Prices
    • South Korea Retail City Gas Prices
    • WACOG Scheme and Individual Gas Tariff Scheme for Power
    • Independent LNG Import Outlook
    • South Korea’s Gas Demand by Sector
    • South Korea’s Power Generation by Source
    • 2020 City Gas Demand
    • City Gas Demand is Highly Seasonal
    • South Korea’s Gas Supply and Demand Outlook
    • Trans Korea Gas Pipeline: A Pipeline for Peace
    • South Korea’s LNG Imports by Source
    • South Korea’s LNG Demand Scenarios
    • South Korea’s Historical LNG Import Prices
    • South Korea’s Gas Balance Outlook (Base Case)
    • South Korea’s LNG Terminal Operators and Regas Capacity
    • South Korea’s LNG Receiving Terminal Storage Capacity (Existing/Likely)
    • South Korea’s Primary Energy Consumption
    • South Korea’s LNG Contracts
    • South Korea’s Gas Demand by Sector—Low Case
    • South Korea’s Gas Demand by Sector—High Case