South Korea LNG Imports Climb 19 Percent on Higher Power Demand

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South Korea, the world’s second-largest buyer of liquefied natural gas, boosted imports of the fuel by 19 percent in October amid increased demand for power generation.

Shipments climbed to 3.19 million metric tons from 2.68 million a year earlier, according to data on the Korea Customs Service’s website today. Imports advanced 29 percent from September.