Komipo, Kospo, and Prism Energy International seek 3-3.6 trillion British thermal units (TBtu) of LNG on a delivered ex-ship (DES) basis.
Moreover, the volumes will be delivered to a Kogas-operated LNG import terminal in South Korea on June 12 or June 23, according to a tender document published by Komipo.
The LNG terminals include Incheon, Pyeongtaek, Tongyeong, and Samcheok.
Komipo will receive 950,000 million British Thermal Units (MMBtu), Prism Energy International 720,000 MMBtu, while Kospo will receive the rest.
Moreover, Komipo said the price will be indexed to the JKM full month average of June 2025 expressed in US dollar per MMBtu.
The tender deadline closes on May 7 at 16:30h Singapore time.
Prior to this tender, Komipo launched one tender in January for March LNG delivery, while it launched three tenders in 2024.
On the other hand, Kospo launched one tender in February for April delivery. The firm launched two tenders in 2024.
South Korean LNG terminals took 4.26 million mt in March this year, a rise from 3.57 million mt in March 2024, according to customs data.
During January-March, South Korean LNG terminals received 12 million mt of LNG, a drop compared to 12.63 million mt in 2024.
