Russian Media: South Korea's September Imports of Russian LNG Reach Highest Since November 2021

South Korea's imports of Russian liquefied natural gas (LNG) in September reached their highest level since November 2021, Russian state-owned TASS news agency reported on the 16th (local time).

Analyzing data from the Korea Customs Service, the outlet reported that South Korea's total LNG imports in September stood at 3.56 million tons, valued at approximately 3 billion dollars.

By country, Australia was the largest supplier at 1.33 million tons, followed by the United States at 436,000 tons and Canada at 426,000 tons.

TASS noted that South Korea also imported 326,000 tons of LNG from Russia worth 250 million dollars, stating, "This is the highest figure since November 2021."

TASS added that Qatar, a core LNG supplier to South Korea, suspended LNG production in early March due to the fallout from Iranian airstrikes, and that state-run QatarEnergy subsequently declared "force majeure" on LNG supplies, resulting in a halt to Qatari gas shipments to South Korea.

As part of sanctions against Russia, the European Union and the United Kingdom are set to completely ban the provision of services such as transportation and insurance for Russian LNG starting next January. However, they recently decided to grant an exemption until March 31, 2028, for shipments imported into South Korea and Japan under existing long-term contracts.
※ Please note: This article was translated by AI and may contain errors.