South Korea’s KOGAS seeks LNG supplies on short- to long-term basis

SINGAPORE: South Korea’s Korea Gas Corp (KOGAS) is seeking liquefied natural gas (LNG) supplies on a short- and long-term basis, according to two industry sources on Wednesday.

On the short-term supply, Kogas is seeking deliveries from 2025 for up to three years, with the tender closing on June 3.

On the long-term supply, the company is seeking deliveries over 7-15 years beginning in 2027 or 2028, with the tender closing on June 10.

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Kogas is seeking LNG volumes of 0.7 million tons per year (tpy), 1.4 million tpy or 2.1 million tpy in both the short- and long-term supply requests.