South Korea's July LNG Imports Rise 23.1% to 1.76 Million Tons

By Shinhye Kang

Aug. 22 (Bloomberg) -- South Korea, the world's second- biggest buyer of liquefied natural gas, increased imports of the fuel by 23.1 percent to 1.76 million metric tons in July from a year earlier, a government report shows.

The cost of importing the fuel jumped by 65.3 percent a ton, the Korea International Trade Association said on its Web site today.

To contact the reporter on this story: Shinhye Kang in Seoul at skang24@bloomberg.net;