3.1.1. LNG Supply Chain

Figure 4 represents the LNG imports to South Korea from LNG exporting countries in 2017. Qatar captured the largest amount of LNG fuel as 11.55 Million Tons per Annum (MTPA) which is 31 percentage of the total LNG import in the year [35]. In the same year, the U.S. Energy Information Administration (EIA) reported that South Korea imported approximately 1.99 million tons from U.S. showing 773% of increase compared to the previous year. The long-term contract between South Korea and U.S. validated from 2017 and started import 2.8 MTPA of LNG from Sabine Pass [36].

Considering Korea's energy policy and market share, this research considers two major suppliers of Qatar and the United States. Case 1 refers to LNG import to Korea from Qatar and Case 2 describes LNG import to South Korea from U.S.

**Figure 4.** LNG fuel imports to South Korea by exporting countries in 2017.
