Home

The Korea Herald

Latest news

Most Popular

  1. 1

    K-pop group's manager dismissed for setting up spycam in theater dressing room

    K-pop group's manager dismissed for setting up spycam in theater dressing room
  2. 2

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  3. 3

    Why is Apple Pay struggling to get purchase in Korea?

    Why is Apple Pay struggling to get purchase in Korea?
  4. 4

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  2. 7

    [Today’s K-pop] BTS pop-up event to come to Seoul

    [Today’s K-pop] BTS pop-up event to come to Seoul
  3. 8

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  4. 9

    Fed: Elevated inflation will likely delay rate cuts this year

    Fed: Elevated inflation will likely delay rate cuts this year
  5. 10

    Samsung develops fastest DRAM chip optimzied for ondevice AI

    Samsung develops fastest DRAM chip optimzied for ondevice AI
지나쌤

Korea, China, Japan to cooperate on LNG purchase

By KH디지털2

Published : March 23, 2017 - 16:00

    • Link copied

The Korea Gas Corp., the world's fourth-largest LNG buyer, said Thursday that it has reached a deal with its counterparts in China and Japan to cooperate on jointly purchasing LNG and sharing related information.

(Yonhap) (Yonhap)

Under the memorandum of understanding with Japan's JERA and China's CNOOC, KOGAS will work together with the two companies to create a "favorable" environment for LNG purchases, the utility firm said.

South Korea, Asia's fourth-biggest economy, is one of the largest consumers of natural gas in the world, with 80 percent of its imports coming from the Middle East. (Yonhap)

More from Headlines