SK Innovation E&S starts full-scale production of LNG from Barossa gas field

SK Innovation E&S has completed its first shipment of liquefied natural gas (LNG) from the Barossa gas field off the northern coast of Australia, marking the start of full-scale production.

2026-01-27

Korean shipbuilders focus on LNG carriers, naval ships to stay profitable as global market shrinks

Korean shipbuilders regained a 20 percent share of the global shipbuilding market in 2025, with the nation's shipyards now focusing on liquefied natural gas (LNG) carriers and naval ships to sustain profitability this year.

2026-01-08

Gov't to seek development of LNG cargo tanks to reduce foreign dependency

Korea has launched a public-private working group to push for the development of proprietary liquefied natural gas (LNG) cargo tanks to lessen dependence on foreign technologies, the Ministry of Trade, Industry and Energy said Monday.

2025-12-22

Exclusive: Alaska governor says Korea to join $44B LNG project, binding deal set for December

Korea will take part in building the pipelines for Alaska’s gigantic $44 billion LNG project, Alaska Gov. Mike Dunleavy says, with a legally-binding agreement to be announced within the next month.

2025-11-29

Hyundai Glovis inks $396M contract on LNG shipping

Hyundai Glovis said Thursday it signed a liquefied natural gas (LNG) shipping contract worth around 580 billion won with an unnamed global trading company for up to 15 years, expanding its push into energy transport.

2025-11-27

Japan's Takaichi pushed back on U.S. request to ban Russian energy imports, Nikkei reports

Japanese Prime Minister Sanae Takaichi told U.S. President Donald Trump that banning Russian LNG imports would be difficult during their meeting in Tokyo, the Nikkei business daily reported on Wednesday, citing Japanese government officials.

2025-10-29

Posco becomes 1st Korean firm to join Alaska LNG project: Glenfarne

Posco International has signed a strategic partnership agreement with Glenfarne Alaska LNG for the development of Alaska liquefied natural gas, becoming the first South Korean company to officially announce participation in the energy project.

2025-09-12

Trump hits the gas on Alaska LNG pressure during summit with Lee

U.S. President Donald Trump raised the issue of Korea’s participation in a liquefied natural gas project in Alaska during his summit with President Lee Jae Myung on Monday, a topic that had been left out of last month’s bilateral trade agreement.

2025-08-26

Korea to buy 3.3 million tons of U.S. LNG annually for 10 years from 2028

Korea will buy an additional 3.3 million tons of liquefied natural gas from the United States every year for a decade starting in 2028, the Korea Gas Corp. said Tuesday, as the two countries aim to expand cooperation across key sectors.