POSCO Group's LNG business booms, boosted by Trump administration - South Korean media

The POSCO Group's liquefied natural gas (LNG) business has been attracting attention since the inauguration of the Trump administration in the United States.
Posco International, a joint-stock company, has signed contracts to import 400,000 tons of LNG per year with Cheniere Energy of the U.S. in 2022 and 700,000 tons per year with Mexico Pacific of the U.S. in 2024.
The group will be able to secure 1.1 million tonnes of North American LNG per year for the next 20 years.
In response to this, POSCO Group will continue to
The company will begin expanding its LNG value chain with the LNG tanker as the core. In 2026, Posco International will use one LNG tanker to transport the amount of LNG contracted with Cheniere Energy to Korea.
In August 2020, the group also became the first private company to obtain a license to test LNG tankers in line with the amendment of the City Gas Business Act.
In addition, POSCO International is building infrastructure dedicated to LNG bunkering, which supplies LNG, a low-carbon fuel for ships.
We are working to revitalize the anchoring market.