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South Korea's Kepco Opts for Coal to Save Gas

NATURAL GAS

South Korea's state-owned utility Kepco will suspend voluntary coal plant restrictions during July-August this year in a bid to reduce LNG use during the peak demand period according to Argus.

  • Based on Argus analysis, South Korea's combined nuclear and coal-fired output could increase by around 6.5GW in July-August, which is equivalent to around 1.26mn t of LNG or 17-18 standard-sized LNG cargoes.

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