POSCO Dangjin LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
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:
Project Details
Table 2: Infrastructure details
| 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
| 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
- ↑ 1.0 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) - ↑ 2.0 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) - ↑ https://ieefa.org/resources/south-korea-scrapping-mega-scale-lng-terminal-projects-amid-weakening-demand.
{{cite web}}: Missing or empty|title=(help) - ↑ LNG Prime Staff (2023-05-31). "South Korea's Posco inks Dangjin LNG terminal deal". LNG Prime. Retrieved 2023-08-29.
- ↑ "South Korea scrapping mega-scale LNG terminal projects amid weakening demand, overinvestment risks". ieefa.org. Retrieved 2025-09-23.
