STO News: South Korea needs Australian LNG with carbon capture, Santos CEO says - 26th May 2022, 6:16pm

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By Sonali Paul

MELBOURNE (Reuters) - Santos Ltd urged South Korea on Thursday to invest in Australian gas combined with carbon capture and storage to help meet South Korea's needs until 2050.

Australia supplies about one-third of South Korea's LNG imports. Its imports are expected to peak in 2039 at just over 48 million tonnes a year and then ease to about 42 million tonnes by 2050, Santos Chief Executive Kevin Gallagher said at an energy security conference in Seoul.

"This is a great opportu...

>>> Read more: South Korea needs Australian LNG with carbon capture, Santos CEO says
 
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