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South Korea · asset class

LNG Terminals in South Korea

South Korea has 21 LNG terminals mapped on the OverWatts open energy atlas — the 16th-largest fleet of the 102 countries that hold any, and 2% of the world's mapped total. Of these, 14 operating and 6 under construction or proposed. Combined LNG capacity is about 273 Mtpa. The largest is Incheon LNG Terminal (54.5 Mtpa).

The largest owner-operators are KOGAS Canada Ltd (7), KOGAS (4) and Korea Energy Terminal Co Ltd (3) — KOGAS Canada Ltd alone is named on 33% of them. Half of South Korea's LNG terminals in service predate 2014 (median commissioning year of the 9 with a known date), 4 came online in the past decade and the oldest still listed is Pyeongtaek LNG Terminal, dating from 1986. 6 are in the pipeline, led by KOGAS Dangjin LNG Terminal (7.7 Mtpa), proposed. They account for 6% of every energy asset OverWatts maps in South Korea.

See them on the map →LNG Terminals worldwide →
21
LNG Terminal in South Korea
#16
of 102 countries
273
LNG Mtpa
6
In construction / proposed

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Largest LNG terminals in South Korea

Who owns South Korea's LNG terminals

Counts an asset once per company named as its owner or operator; a joint venture counts for each partner.

When they were built

Median commissioning year 2014 · oldest Pyeongtaek LNG Terminal (1986) · newest Ulsan LNG Terminal (2024) · 9 of 21 carry a start date

Under construction & proposed

How South Korea compares · LNG terminals by country

Frequently asked

How many LNG terminals are there in South Korea?
OverWatts maps 21 LNG terminals in South Korea — 2% of the world's mapped total, the 16th-largest national fleet of the 102 countries with any.
What is the largest LNG terminal in South Korea?
Incheon LNG Terminal, at 54.5 Mtpa.
Who owns the LNG terminals in South Korea?
KOGAS Canada Ltd is named as owner or operator on the most — 7 of 21 (33%). Next are KOGAS (4), Korea Energy Terminal Co Ltd (3) and Posco International (3).
How old are South Korea's LNG terminals?
The median commissioning year is 2014, across the 9 in service with a known start date. The oldest still listed is Pyeongtaek LNG Terminal (1986); 4 came online in the past ten years.
What new LNG terminals are being built in South Korea?
6 projects are under construction or proposed. The largest are KOGAS Dangjin LNG Terminal (7.7 Mtpa), Northeast Asia LNG Hub Terminal (3 Mtpa) and Ulsan LNG Terminal (2.4 Mtpa).

Other asset classes in South Korea

Power Plant 230Cement Plant 34Grid Storage 18Iron & Steel Plant 18Chemical Plant 14Export Terminal 13Refinery 4Storage / Tank Farm 2Iron Ore Mine 2Data Centre 1Coal / Uranium Mine 1

LNG Terminals in other countries

United States 176China 168Japan 57Australia 56Russia 50Indonesia 48Canada 48India 45Vietnam 34Mexico 29Brazil 29Nigeria 26