S. Korea diversifying LNG imports to ease Middle East dependence: KOGAS chief
South Korea is working to reduce its reliance on Middle Eastern liquefied natural gas (LNG) imports. The CEO of Korea Gas Corporation (KOGAS) announced that the country's dependence is expected to drop below 18% this year, down from 45% in 2022. KOGAS is diversifying its LNG sources by investing in projects like LNG Canada and seeking imports from other regions such as Australia and Mozambique.
- ▪KOGAS aims to decrease South Korea's LNG dependence on the Middle East to below 18% in 2026.
- ▪The country previously relied on the Middle East for 45% of its LNG in 2022 and 24% in 2025.
- ▪KOGAS has secured 700,000 tons of LNG annually from LNG Canada over a 40-year period.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK S. Korea diversifying LNG imports to ease Middle East dependence: KOGAS chief Kang Yoon-seung All News 12:00 June 05, 2026 SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, June 5 (Yonhap) -- South Korea is pushing to ease its dependence on the Middle East for its liquefied natural gas (LNG) imports in a move to help maintain a stable supply of the energy resource, the head of the state-run gas company said.
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