Boryeong LNG Terminal

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Boryeong LNG Terminal is an operating LNG import terminal in South Korea.

Location

Table 1: Location details

Name	Location	Coordinates (WGS 84)
Boryeong LNG Terminal	Yeongbo Industrial Zone, Boryeong, South Chungcheong, South Korea	36.415, 126.4947 (exact)

The map below shows the exact location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year

Name	Facility type	Status	Capacity	Total terminal capacity	Offshore	Associated infrastructure
Boryeong LNG Terminal	import	operating	10.8 mtpa	10.8 mtpa	False	–

Table 3: Cost

Name	Facility type	Cost	Total known terminal costs
Boryeong LNG Terminal	import	US$607,200,000 (759,000,000,000 KRW)	US$607,200,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward

Name	Facility type	Status	Proposal year	FID year	Construction year	Operating year	Inactive year
Boryeong LNG Terminal	import	operating	–	–	–	2016	–

Ownership

Table 5: Ownership

Name	Facility type	Status	Owners	Parent companies	Operator
Boryeong LNG Terminal	import	operating	SK Inc [50%]; GS Group [50%]	GS Group [50.0%]; SK Inc [50.0%]	–

Background

Boryeong LNG Terminal is an LNG terminal in South Chungcheong, South Korea, jointly established in 2013 by SK E&S and GS Energy, each holding a 50% stake. LNG from Boryeong LNG Terminal was initially intended to be used partially to feed GS Caltex's 440MW Anyang and 500MW Bucheon power plants.

Commercial operations began in January 2017, although some sources cite the start date as being late 2016.

The terminal's initial capacity was initially 3 mtpa, and it was expanded by 5 mtpa and 2.8 mtpa in 2020 and 2021, respectively.

In December 2025, SK Innovation (following its merger with SK E&S) finalized the sale of its 49.9% equity stake in the Boryeong LNG Terminal for approximately 560 billion KRW. The stake was acquired by a consortium led by IMM Investment (35.9%) and KB Asset Management (14.0%), with the latter participating through its Balhae Infrastructure Investment Company. To ensure majority control, GS Energy acquired a nominal 0.1% stake, bringing its total ownership to 50.1%.

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Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.