Korea Gas eyes LNG deal for ferries

Bloomberg

Korea Gas Corp., the world’s largest buyer of liquefied natural gas, is in talks with the Japan Gas Association to supply LNG as a bunker fuel to ferries plying the South Korea-Japan route.

Korea Gas has discussed a pilot project to supply natural gas as marine fuel, Young Lee, a senior manager at the state-owned company known as Kogas, said at a conference in Singapore. Nobody answered two calls to the Japan Gas Association’s switchboard seeking comment.

Kogas may supply China and Japan with bunker from its LNG terminals in South Korea, Lee said in a presentation Tuesday.