Natural Gas Price in South Korea
The chart above illustrates Natural Gas prices in South Korea, in KRW/MMBtu, from March 2024 to March 2025, as follows:
- Natural Gas (LNG), imp, KR: Natural Gas (liquified), import spot, cif, South Korea
Further information about price assessments covered can be found in the assessments guide.
The Natural Gas (LNG), imp, KR price was around 19,200 KRW per MMBtu in March 2025. This value represented a 4.3% fall compared to the previous month, while on a year-over-year basis, prices for Natural Gas (LNG), imp, KR increased by 69.2%.
Recent data, updated on October 3rd, 2025, can be found in the South Korea Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for natural gas, encompassing production, demand and trade dynamics. It also covers other energy commodities in South Korea, presenting price assessments and market analyses of production, demand, trade, and South Korea's energy self-sufficiency.
Price Assessments Covered in the Report
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Current Prices
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Price Forecasts
View short-term Natural Gas price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Natural Gas price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping South Korea's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess South Korea's energy balance and self-reliance, identifying exposure to external supply sources.
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