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S. Korea to divert LNG supplies to Europe over Ukraine crisis

April 29, 2022 / 12:43 AM
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Sharjah 24 – KUNA: South Korea plans to send part of its liquefied natural gas (LNG) supplies to Europe to help ease an energy crisis over Russia's war onUkraine, Yonhap News Agency reported Thursday, citing a government official.
Concerns have grown over natural gas supply disruptions in Europe amid the ongoing crisis surrounding Ukraine, as Russia is the biggest provider of gas to Europe.

On Wednesday, Russia's state-owned gas producer Gazprom said it had cut off natural gas supplies to Poland and Bulgaria after the nations refused to pay for shipments in rubles. 

The South Korean government has decided to divert some of its LNG gas cargo to Europe, as the country has "some room" for such support in springtime, an industry ministry official said.

He declined to give details about when and how much South Korea will offer, but the envisioned shipment would be sent to Europe before summer, the report said.
 
April 29, 2022 / 12:43 AM

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