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South Korea has become the latest country to announce plans to build LNG facilities. (Quick Takes).(Pohang Iron and Steel)(Brief Article)(Statistical Data Included)
SOUTH KOREA has become the latest country to announce plans to build LNG facilities this year--joining China, Norway, Nigeria, and Australia.
Pohang Iron & Steel, the second-largest steelmaker in South Korea, plans to build a $290 million LNG terminal to cut costs and ensure stable fuel supplies for its power plants. Construction of the 1.7 million tonne/year terminal at Kwangyang, south of Seoul, is …
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