South Korea · Regulatory
LNG in South Korea
JurisdictionSouth Korea
ProductLNG
Private tradeALLOWED
Allowed for private trade
KOGAS dominant import; private terminals emerging (GS, SK, POSCO, Hanwha). Incheon, Pyeongtaek, Tongyeong, Samcheok terminals.
Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.
Frequently asked
- Can private companies import LNG into South Korea?
- Yes. KOGAS dominant import; private terminals emerging (GS, SK, POSCO, Hanwha). Incheon, Pyeongtaek, Tongyeong, Samcheok terminals.
- What license is typically required?
- KOGAS dominant import; private terminals emerging (GS, SK, POSCO, Hanwha). Incheon, Pyeongtaek, Tongyeong, Samcheok terminals.
- Does OilFlow screen LNG counterparties against South Korea rules?
- Yes. The free /check screen and the Regulatory Matrix API both read this same rule row; a private LNG deal into South Korea is flagged automatically when this page says blocked or restricted.
Other products in South Korea
Before you structure a deal here
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