Incheon LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Incheon LNG Terminal is an operating LNG import terminal in South Korea.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Incheon LNG Terminal | Incheon, Seoul Capital Area, South Korea | 37.35124, 126.602 (exact) |
The map below shows the exact location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Incheon LNG Terminal | import[1] | operating[2] | 54.5 mtpa[1] | 54.5 mtpa | False | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Incheon LNG Terminal | import[1] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Incheon LNG Terminal | import[1] | operating[2] | – | – | – | 1996[2] | – |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Incheon LNG Terminal | import[1] | operating[2] | KOGAS Canada Ltd [100%] | Korea Gas Corp [100.0%] | – |
Background
Incheon LNG Terminal is an LNG import terminal in Seoul Capital Area, South Korea. It has a nameplate capacity of 40 mtpa, but this has increased over the years after a series of capacity expansions, and as of 2025 is estimated to be around 55 mtpa[3][4][5]. Incheon first started operations in October 1996. It is owned and operated by KOGAS, which owns the entire transmission network and has a monopoly on wholesale gas sales in South Korea.[6][7][8]
Articles and Resources
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.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 https://www.offshore-technology.com/marketdata/incheon-lng-regasification-terminal-south-korea/.
{{cite web}}: Missing or empty|title=(help) - ↑ "https://cdn.prod.website-files.com/67bdb9fc993751711c5f54fd/67d40f9112efb57309cae007_GIIGNL-2022-Annual-Report.pdf" (PDF).
{{cite web}}: External link in(help)CS1 maint: url-status (link)|title= - ↑ "GIIGNL Annual Report". www.giignl.org. Retrieved 2026-05-07.
- ↑ IEEFA (2023). "South Korea's LNG Overbuild" (PDF). IEEFA.
{{cite web}}: CS1 maint: url-status (link) - ↑ Incheon LNG Terminal, GEO, accessed April 2017
- ↑ "Incheon - LNG regas terminal," Wood MacKenzie, accessed August 2017
- ↑ "World LNG report," IGU, 2017
