S. Korea maintaining stable LNG supply amid Israel

South Korea maintains a steady supply of liquefied natural gas and is actively preparing for potential contingencies amid Middle East geopolitical uncertainties, the industry ministry said Tuesday.
"There have been concerns over the supply of gas following the Israel-Hamas incident amid the lingering war between Russia and Ukraine, but the supply currently remains stable," Director-General for Resource Policy Ryu Peob-min said during a meeting with industry officials.
"However, in the event of a further escalation of the Israel-Hamas situation, we cannot rule out its potential impact on the domestic supply. We are committed to remaining vigilant and thoroughly preparing for an emergency," he added.
During the meeting, the state-run Korea Gas Corp. noted that the country is maintaining LNG reserves at maximum capacity, with the supply anticipated to remain stable through the end of March.
The government plans to hold regular meetings with KOGAS and other LNG importers to maintain a stable supply of the resource, the ministry added. (Yonhap)
相关文章
Things look bright for ‘Past Lives’ Oscars prospects
Hopes are growing that Korean Canadian director and playwright Celine Song’s directorial debut “Past2023-12-09[Herald Interview] Saudi Arabia seeks to engage with world through Diriyah Contemporary Art Biennale
How do we live in changing times is a question that the Diriyah Contemporary Art Biennale, which run2023-12-09Rich culture of masks in Korea, Japan and China on show at Folk Museum
Masks from Korea, Japan and China are being shown at a special exhibition titled "Everyday Use of Ma2023-12-09AleXa to perform on Jingle Ball Tour as 1st K
Singer AleXa will perform at the iHeartRadio Jingle Ball Tour on Nov. 28, taking the stage as the fi2023-12-09LTI Korea announces winners of 2023 Korea Translation Award
The Literature Translation Institute of Korea announced the winners of the 2023 Korea Translation Aw2023-12-09Business sentiment falls in S. Korea over Middle East tensions: poll
South Korea's business sentiment index fell in November amid concerns that tensions in the Midd2023-12-09
最新评论