South Korea LNG Imports Drop 11% as Power Generators Use Less

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Imports of liquefied natural gas into South Korea, the world’s second-largest buyer of the fuel, fell 11 percent in February, the biggest drop since October as power generators cut consumption.

Shipments dropped to 4.14 million metric tons from 4.64 million tons a year earlier, data on the Korea Customs Service’s website showed today. The monthly volume rose from 3.92 million tons in January.