South Korea is avoiding the global trend toward long-term agreements on liquefied natural gas due to high prices, a risky move that will leave the top importer exposed to the volatile spot market.
The first liquefied natural gas (LNG) tanker to berth at Shell's (LON:SHEL) Prelude floating LNG (FLNG) project off Western Australia since it was shut down after a fire has started loading, Refinitiv data shows.
Australian liquefied natural gas (LNG) developer Woodside has joined five parties to establish the HyStation company, which aims to build and operate hydrogen refuelling stations to service public transport bus fleets in South Korea.
Workers onboard Shell’s Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia are complaining about occupational health and safety (OHS) breaches after being forced to work on only two to three hours of sleep.
Despite the political and social turmoil in Myanmar, South Korea’s Posco International is sending a second deep-water drilling rig to the troubled Southeast Asian state to continue development work at the Shwe gas field.
Korea Gas Corp plans to lower costs by using its own overseas output for the production of liquefied natural gas (LNG), the firm’s boss said, according to a media report.
Woodside and Korea Gas Corporation (KOGAS) have extended their 2011 deal develop future business arrangements,knowledge share, faciliate staff secondments and joint technology studies and workshop.