The long-planned and much derided Trans-Korea gas pipeline project is back on the agenda, buoyed by hopes North and South Korea can make peace.
If realized, it would be a pipeline dream-come-true for South Korea. Lacking its own energy resources or pipelines to regions with gas, South Korea has been shipping the fuel in on tankers as liquefied natural gas (LNG).
Based on trade data and average LNG prices in 2017, that cost South Korea around $12 billion in 2017. With LNG ...Continue Reading ?