POLICY

South Korea finalises LNG tax cut

SOUTH Korea will cut import fees for LNG destined for the nation’s power grid by 75% from the beginning of next month, but will not target city gas or manufacturing.

South Korea finalises LNG tax cut

The cuts were approved by the government on Tuesday and will also raise taxes in coal as the nation tries to follow through on 2017 election promises by President Moon Jae-in to close 10 aging coal-fired...

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