KOMIPO Boryeong LNG Terminal
From Global Energy Monitor
Background
Korea Midland Power (KOMIPO) proposed constructing LNG storage and import infrastructure at the Boryeong power complex to support coal-to-gas conversion under South Korea’s 9th Electricity Plan. The project, which was planned to include approximately 400,000 kL of LNG storage capacity and begin operation in 2027/2028, was cancelled in 2024 after KOMIPO cited declining projected LNG demand and rising construction costs.[1][2][3][4][5]
Articles and Resources
References
- ↑ Michelle (Chaewon) Kim (2024-08-01). "South Korea scrapping mega-scale LNG terminal projects amid weakening demand, overinvestment risks". IEEFA.
{{cite web}}: CS1 maint: url-status (link) - ↑ "KOMIPO cancels construction of LNG import terminal". inspenet.com. Retrieved 2026-05-12.
- ↑ "KOMIPO Cancels Boryeong LNG Terminal Construction Project... Environmental Groups "Welcome" - The Asia Business Daily". www.asiae.co.kr. Retrieved 2026-05-12.
- ↑ "South Korea's KOMIPO Cancels Plans for LNG Import Terminal". www.oedigital.com. Retrieved 2026-05-12.
- ↑ "South Korea cancels major LNG terminal amid shifting energy landscape". forourclimate.org. Retrieved 2026-05-12.
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.
