Asia spot prices have fallen this week, with the December ‘22 ICIS East Asia Index (EAX) down more than 20% on 20 October from one week ago.
Kogas
Articles from Kogas
South Korea Aiming to Boost Nuclear Output Amid Tight Global Energy Markets
Despite South Korea’s plan to boost the use of nuclear energy in the country’s power generation mix by 2030, LNG will continue to play an important role in the government’s new energy strategy. President Yoon Suk-yeol was elected in March and is a strong supporter of nuclear energy. He plans to reduce the country’s dependence…
Shell Opens Wells at Australia’s Prelude FLNG Facility
Subsea wells have been opened at the Prelude floating liquefied natural gas (FLNG) facility in the Browse Basin off the northwest coast of Western Australia, according to Royal Dutch Shell plc.
South Korean Trade Pacts to Send More U.S. Natural Gas Overseas
Energy conglomerate SK Group this week advanced a long-term strategy to secure more U.S. natural gas for South Korea under a couple of agreements, including one with Continental Resources Inc. (CLR) and General Electric (GE). Korea Gas Corp. (Kogas) also signaled it would expand its U.S. gas export holdings from the Gulf Coast to Alaska.
Lake Charles LNG Gains Federal OK to Export More Natural Gas
Two long-term applications to export an additional 0.33 Bcf/d of liquefied natural gas (LNG) from the already approved Lake Charles LNG Liquefaction Project in Louisiana were given a green light Thursday by the Department of Energy (DOE).
Cheniere, KOGAS Kick Off 20-Year LNG Deal
Cheniere Energy Inc. and Korea Gas Corp. (KOGAS) have begun a 20-year sales and purchase agreement (SPA) to supply U.S.-sourced liquefied natural gas (LNG) to the South Korean company from the Sabine Pass Liquefaction facility in Louisiana.
ExxonMobil, Kogas to Collaborate on Natural Gas Technologies
ExxonMobil Corp. has secured an agreement with the world’s largest liquefied natural gas (LNG) buyer, Korea Gas Corp. (Kogas), and the country’s funding arm dedicated to innovative energy research, to collaborate on natural gas technologies.
ExxonMobil, Kogas to Collaborate on Natural Gas Technologies
ExxonMobil Corp. has secured an agreement with the world's largest liquefied natural gas buyer, Korea Gas Corp., and the country's funding arm dedicated to innovative energy research, to collaborate on natural gas technologies.