POSCO Dangjin LNG Terminal

From Global Energy Monitor
Part of the
Global Gas Infrastructure Tracker,
a Global Energy Monitor project.
Download full dataset
Report an error

POSCO Dangjin LNG Terminal is a shelved (inferred 2 y) LNG import terminal in South Korea.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
POSCO Dangjin LNG Terminal Dangjin Port, Chungcheongnam-do, South Korea[1] 36.96132, 126.839859 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
POSCO Dangjin LNG Terminal import[2][1] shelved (inferred 2 y) 3.5 mtpa[2] 3.5 mtpa False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
POSCO Dangjin LNG Terminal import[2][1] US$567,000,000[3] US$567,000,000

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
POSCO Dangjin LNG Terminal import[2][1] shelved (inferred 2 y) 2023[2] – – –[2][1][2][1] 2025 (shelved)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
POSCO Dangjin LNG Terminal import[2][1] shelved (inferred 2 y) LX International; POSCO International[1][1] LG Corp; POSCO –

Background

South Korea's POSCO International and LX International are planning to build a 3.5 mtpa LNG import terminal in Dangjin, South Korea. The facility will have two storage tanks with a capacity of 270,000 kiloliters, two vaporizers with a capacity of 200 tons per hour, an LPG facility, and one LNG jetty, and it will supply South Korea's western region.[4]

As of September 2025, there have been no project updates in over two years, and the project is inferred to be shelved. Additionally, an August 2024 brief from IEEFA reported that the project's groundbreaking had been delayed.[5]

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. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 https://lngprime.com/asia/south-koreas-posco-inks-dangjin-lng-terminal-deal/82829/. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf. {{cite web}}: Missing or empty |title= (help)
  3. ↑ https://ieefa.org/resources/south-korea-scrapping-mega-scale-lng-terminal-projects-amid-weakening-demand. {{cite web}}: Missing or empty |title= (help)
  4. ↑ LNG Prime Staff (2023-05-31). "South Korea's Posco inks Dangjin LNG terminal deal". LNG Prime. Retrieved 2023-08-29.
  5. ↑ "South Korea scrapping mega-scale LNG terminal projects amid weakening demand, overinvestment risks". ieefa.org. Retrieved 2025-09-23.