South Korean demand for liquefied natural gas (LNG) may increase if the government cuts tariffs on imports and boosts coal taxes to encourage cleaner power generation. However, formal studies haven’t yet begun, making this a factor for 2018 LNG demand rather than for this year. U.S. suppliers including Cheniere have so far not made significant shipments to South Korea. It only accounted for 3% of U.S. exports in the past quarter, Panjiva data shows. Instead, U.S. supplies may go to China under the new “10 point plan”, displacing shipments from Australia and Qatar to go to South Korea ins...
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