Tag: lng

lng

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A large floating liquefied natural gas production facility built by Samsung Heavy Industries [SAMSUNG HEAVY INDUSTRIES]

Samsung Heavy wins $2.7 billion FLNG order for North American client

Samsung Heavy Industries has won an order worth 4.33 trillion won ($2.7 billion) to build a floating liquefied natural gas (FLNG) facility for a North American client, the shipbuilder said in a regulatory filing on Tuesday.

2026.6.3

Winners of the MAJU:ON Final Demo Day take a group photo after the event in Jakarta, Indonesia, on May 21. [SK INNOVATION E&S]

SK Innovation E&S backs Indonesia’s next startup wave in AI, energy and agriculture

What if you knew the optimal soil for growing fruit? What if one spray extended the shelf life of apples by 10 days? These and other ideas were awarded at the MAJU:ON Final Demo Day, an entrepreneurship support program backed by SK Innovation E&S.

2026.5.25

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Liquefied natural gas facilities are seen in Ras Laffan Industrial City in Ras Laffan, Qatar, on Feb. 25. [EPA/YONHAP]

Blue House dismisses claims that Qatar has invoked force majeure on LNG supply contracts

The Blue House dismissed foreign media reports that Qatar had invoked force majeure on long-term liquefied natural gas (LNG) supply contracts with Korea, saying that “no official decision has been made” and that supply remains stable.

2026.3.25

A plastic manufacturing facility in Ansan, Gyeonggi, is closed on March 24 due to supply disruption issues stemming from the Middle East crisis. [YONHAP]

Korea likely to face LNG price volatility due to suspended supply from Qatar: Officials

Seoul may see increased volatility in liquefied natural gas (LNG) prices after Qatar reportedly declared force majeure on its long-term LNG supply contract with Korea, but the impact on supply will likely be limited, officials here said on Wednesday.

2026.3.25

QatarEnergy's liquefied natural gas (LNG) production facilities in Ras Laffan Industrial City, Qatar, is seen on March 2 amid the Iran war. [REUTERS/YONHAP]

Qatari energy firm declares force majeure on LNG contracts with Korea, China, Italy, Belgium: Reports

A Qatari state-owned energy company on Tuesday declared force majeure on its long-term LNG supply contracts with Korea, China, Italy and Belgium due to damage caused by last week's missile attacks on its facilities, reports said.

2026.3.25

A notice for the public sector five-day vehicle rotation system is posted in front of the Government Seoul Complex in Jongno District, central Seoul, on March 24. The system takes effect at midnight on March 25. [NEWS1]

Korea to implement vehicle rotation system, but how much energy will it really save?

Korea is set to implement a five-day vehicle rotation system — restricting cars from operating on one weekday each week — across the public sector starting at midnight on Wednesday as part of an energy-saving campaign.

2026.3.24

This handout photo taken on March 11 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier Mayuree Naree near the Strait of Hormuz after an attack. [AFP/YONHAP]

Korea could face 'energy crisis' by late April, experts warn

As Iran's war disrupts imports of crude oil, liquefied natural gas (LNG) and other critical energy supplies, experts are cautiously warning that Korea could confront a full-blown energy crisis as early as late April.

2026.3.23

QatarEnergy's liquefied natural gas (LNG) production facilities, amid the U.S.-Israeli conflict with Iran, are seen in Ras Laffan Industrial City, Qatar on March 2. [REUTERS/YONHAP]

Qatar may have to declare force majeure on long-term LNG contract with Korea, others: report

The CEO of QatarEnergy warned Thursday that the state-owned company may have to declare force majeure on long-term liquefied natural gas (LNG) contracts with countries, including Korea, for up to five years, a report said.

2026.3.20

From left, Korean Industry Minister Kim Jung-kwan, Korea Gas Corporation (Kogas) President and CEO Choi Yeon-hye, JERA CEO Yukio Kani, and Japanese Economy and Trade Minister Ryosei Akazawa pose after signing an liquefiied natural gas supply cooperation agreement between Kogas and JERA. [KOGAS]

Kogas inks LNG supply management agreement with Japan's JERA

Korea's state-run Korea Gas Corp. said on Saturday it had signed an agreement with Japan's largest power generator, JERA, to strengthen cooperation on the management of liquefied natural gas supply.

2026.3.14

Minister of Foreign Affairs Cho Hyun speaks during a government meeting on the Middle East situation at the Blue House in Jongno District, central Seoul, on March 5. [NEWS1]

Top diplomats of Korea, Qatar discuss evacuations, energy supply amid Middle East crisis

Foreign Minister Cho Hyun held a phone call with his Qatari counterpart Monday and asked for support for the safe return of Korean nationals and stable energy supplies amid the ongoing conflict surrounding Iran, Seoul's Foreign Ministry said.

2026.3.10

Tag: lng

lng

Latest News

Samsung Heavy wins $2.7 billion FLNG order for North American client

SK Innovation E&S backs Indonesia’s next startup wave in AI, energy and agriculture

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Blue House dismisses claims that Qatar has invoked force majeure on LNG supply contracts

Korea likely to face LNG price volatility due to suspended supply from Qatar: Officials

Qatari energy firm declares force majeure on LNG contracts with Korea, China, Italy, Belgium: Reports

Korea to implement vehicle rotation system, but how much energy will it really save?

Korea could face 'energy crisis' by late April, experts warn

Qatar may have to declare force majeure on long-term LNG contract with Korea, others: report

Kogas inks LNG supply management agreement with Japan's JERA

Top diplomats of Korea, Qatar discuss evacuations, energy supply amid Middle East crisis