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South Korea sees no LNG shortages despite Middle East supply disruptions

South Korea said it sees no LNG shortages despite a production halt in Qatar and disruptions to transit through the Strait of Hormuz, as the country has sufficient stockpiles to buffer any short-term interruptions while preparing to secure alternative supplies. “The country has sufficient LNG reserves for a considerable period, even if imports from Qatar are completely halted,” an official at theSouth Korea said it sees no LNG shortages despite a production halt in Qatar and disruptions to transit through the Strait of Hormuz, as the country has sufficient stockpiles to buffer any short-term interruptions while preparing to secure alternative supplies. “The country has sufficient LNG reserves for a considerable period, even if imports from Qatar are completely halted,” an official at theRead More

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