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State-owned Kogas sold 4.93 million mt last month, compared to 4.30 million mt in January 2025, the firm said in a stock exchange filing.
January sales were 27.2 percent higher compared to the previous month’s 3.87 million mt, which marked a drop of 2.3 percent on the year.
Purchases by power firms increased 23.3 percent year-on-year to 1.85 million mt in January and were higher by 42 percent compared to the previous month.
Moreover, Kogas said its city gas sales rose 9.7 percent year-on-year to 3.07 million mt last month. City gas sales were 19.7 percent higher compared to the previous month.
Kogas did not provide data for the entire year of 2025 in last month’s report.
However, based on the company’s monthly reports, Kogas sold 34.51 million mt in 2025.
This is up by 1 percent compared to 34.19 million mt in 2024.
Kogas operates 77 LNG storage tanks at five LNG import terminals in South Korea.
The large terminals include Incheon, Pyeongtaek, Tongyeong, and Samcheok, while the firm has a small-scale regasification terminal at the Aewol port on Jeju island as well.
In addition to these facilities, the firm is building a large terminal in the western port city of Dangjin.
There is currently no available official data for Korean LNG imports in January.
Customs data previously showed that South Korean LNG terminals received 46.68 million mt of LNG in 2025, a slight rise compared to 46.31 million mt in 2024.
Australia was the biggest supplier to South Korea last year, with 14.67 million mt of LNG, followed by Malaysia with 7.51 million mt, and Qatar with 6.96 million mt, the data shows.