South Korea signs long-term LNG contract

July 18, 2005
South Korea has signed a long-term LNG contract with three foreign suppliers.

Eric Watkins
Senior Correspondent

LOS ANGELES, July 18 -- South Korea has signed a long-term LNG contract with three foreign suppliers.

The government will buy a total of 5 million tonnes/year of LNG from Yemen LNG Co., Malaysia LNG, and Sakhalin Energy Co., starting in 2008.

Contact Eric Watkins at [email protected].