Transport, power to drive South Korean LNG demand higher by 2034

SOUTH Korea's demand for natural gas is set to rise 15% by 2034 to at least 47.9 million tonnes per annum, compared to an estimated 41.7MMtpa this year, according to local newspaper Yonhap quoting the Ministry of Trade, Industry and Energy.

Transport, power to drive South Korean LNG demand higher by 2034 Transport, power to drive South Korean LNG demand higher by 2034 Transport, power to drive South Korean LNG demand higher by 2034 Transport, power to drive South Korean LNG demand higher by 2034 Transport, power to drive South Korean LNG demand higher by 2034
The rise will be driven by new carbon emission reduction policies which are set to result in higher demand for imported LNG to generate hydrogen for hydrogen fuel cell vehicles as well as rising use