Kogas

Labor Crunch Could Push Back Golden Pass Start-Up – Three Things to Know About the LNG Market

Labor Crunch Could Push Back Golden Pass Start-Up – Three Things to Know About the LNG Market

NO. 1: Golden Pass LNG’s timeline for starting production could slip further into 2025. A shortage of skilled workers and other construction issues are reportedly causing delays.  Market speculation about the project has grown this week as traders continue to watch U.S. export projects along the Gulf Coast for signs of new demand later this…

May 2, 2024
East Asia spot LNG prices drop, TTF-EAX spread widens

East Asia spot LNG prices drop, TTF-EAX spread widens

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.

October 21, 2022
South Korea Aiming to Boost Nuclear Output Amid Tight Global Energy Markets

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…

September 20, 2022
Shell Opens Wells at Australia’s Prelude FLNG Facility

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.

December 27, 2018

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.

June 29, 2017

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).

June 29, 2017

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.

June 26, 2017

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.

June 22, 2015

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.

June 22, 2015