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Latest Analysis / East of Suez Gas Service

Gas/LNG Alert - South Korea’s Winter Outlook: Spot LNG Demand Increases Alongside Nuclear & Coal Capacity

Published: 15 November, 2024

Highlights:

  • The Korea Meteorological Administration forecasts a strong likelihood of La Niña conditions in South Korea, which may increase LNG procurement to meet the rise in heating demand and power generation through winter 2024-25.
  • In response to potential energy shortfalls and a heightened winter ...

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