INTEL
Status: blockedCLUSTERbushehr shipping company limited added — likelyStatus: blockedCLUSTERNovorossiysk-Turkish-Med Dark Fleet Cluster added — confirmedStatus: blockedCLUSTERPinnacle Petrol LLC added — likelyStatus: blockedCLUSTERArrakis Development added — likelyStatus: blockedCLUSTERExxon Global Distributor added — likelyStatus: pendingCORPUS427 entities · 63 countries
All South Korea products

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.

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.

This rule is one row of the Regulatory Matrix API: 235 jurisdictions, product tradability, payment-term constraints, license requirements, from $99/mo. Got a live LNG deal into South Korea? Paste it and get a clearance verdict in under 30 seconds, before you spend weeks structuring it.