Gazprom sells LNG to South Korea and Japan cheaper than natural gas to the Ukraine
Edited by Rhod Mackenzie / 2013-08-21 12:14:51
The price is $390 per 1,000 cubic m for Japan and $150 per 1,000 cubic m for South Korea, compared to $400 per 1,000 cubic m for pipeline gas for the Ukraine. Other producers sell it there at a higher price. Indonesian gas was sold by $640 per 1,000 cubic m tor Japan and $600 per 1,000 cubic m for South Korea. It means that Russia sells gas by 1.6 times cheaper than the market price to Japan and by 4 times cheaper to South Korea.
