Gwangyang LNG
OperationalSouth Korea·Regasification (Import)
Project Details
CountrySouth Korea
LocationSouth Jeolla
Terminal TypeRegasification (Import)
Rig TypeOnshore
Capacity3.1 mtpa / 4.2 bcm
Trains—
Start Date01-Jan-2005
Cost (US$bn)0.75
OriginMalaysia, Oman
Destination—
OwnersPOSCO [Operator] {South Korea}
Buyers—
Status Notes
December 2025 - The project is owned by POSCO; July 2024 - POSCO has fully completed construction of the terminal with the completion of sixth and final storage; tank; As per January 2021, POSCO Energy is planning to expand the facilities at the project; Project Cost - KRW1.05trn
Last reviewed: 06 Feb 2026