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South Korea seeks more LPG to spike into LNG to quell shortage

September 1, 2022 Comments Off

South Korea will likely seek more liquefied petroleum gas in the coming months to add into liquefied natural gas, to boost the calorific or heating value of regasified LNG for use in heavy industries and utilities, trade sources said. The move is prompted by a rise in LNG prices on strong demand from Europe and North Asian buyers gearing up…