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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 2022 South Korea Country Report.PDF

823 KB

FGE Gas Databook 2022-South-Korea-Datafile.xls

416 KB

Scope of Coverage

  • Table of Contents
    • Market Snapshot: A Pro-Nuclear Policy, Coal Plant Closures, and Carbon Neutrality Targets Will Shape South Korea’s Gas Market over the Coming Years
    • Key Changes in the Gas Market
    • Gas Market Characteristics
    • Gas Balance Outlook and Forecast
    • LNG Procurement and Contracting
    • LNG Demand Scenarios
    • Overview of Gas Infrastructure
    • Base Case Gas Balance Table
    • Appendix
  • List of Figures
    • Gas Consumption by Sector, Bscf/d
    • LNG Demand, mt
    • Independents LNG Import Outlook, mt 
    • Natural Gas Market Structure in South Korea 
    • Historical LNG Import Prices, US$/MMBtu 
    • South Korea Wholesale Gas Prices, US$/MMBtu 
    • South Korea Retail City Gas Prices, US$/MMBtu
    • Power Supply by Source, TWh
    • LNG Demand vs Contracted Supply, mt
    • LNG Demand Scenarios, mt
    • South Korea’s LNG Receiving Terminal Storage Capacity (Existing/Planned)
    • South Korea’s LNG Terminal Operators and Regasification Capacity
    • Gas Balance, MMscf/d
    • Gas Demand Mix, Bscf/d
    • Gas Supply Mix, Bscf/d