South Korea’s KOGAS asks for LNG cargo delays as demand tanks – sources

Financial Post | Apr 8, 2020 at 10:33 AM
  • State-run Korea Gas Corp (KOGAS), South Korea’s top buyer of liquefied natural gas (LNG), has asked for some cargo deliveries to be deferred.
  • It was not immediately clear if the suppliers had agreed to defer cargoes.
  • South Korea, which has not imposed a lockdown but is urging people to stay indoors, has seen gas demand dip as a drop in demand for industrial use and heating outweighed stronger gas demand growth for power generation to replace coal power generation.