KOGAS
Advantages of Individual Gas Tariff(IGT)
Promoting effective LNG Purchase Bids by Securing Various Options
If a single Power Plant seeking low amount of LNG, it would not easy to get good offer. However, customers don’t have to worry about it, because KOGAS’ IGT will bid a combined LNG SPA with gathered needs of LNG quantity from other power plants. Larger quantity will secure better options (terms, DQT, UQT, etc.)
Reducing Operating Costs through Integrated-Storage-Management
KOGAS manages diverse demand patterns of customers all together under IGT, so that customers can manage their storage as well as inventory of LNG tanks inexpensively.
Providing Supply and Demand Know-how of LNG
Through suitable supply and demand management, power plants can operate in a stable manner.
- Provision of information on global LNG industry and SPOT market trends
→ Support for optimal purchase timing for additional contracted quantities and portfolio decision - Review of natural gas use plans, and continual monitoring of inventories
→ Optimal supply and demand management by quantity swap in case of excess/shortage of storage inventory
Timely Import of Small-scale SPOT Orders
If IGT consumers need a small amount of gas – less than 1 cargo (60,000 tonnes) – supply for such small-scale orders can be processed joint-purchasing of KOGAS collates and purchases these together.
| Classification | Purchase by Power Plant | Individual Tariff |
|---|---|---|
| Power Plant A | Power Plant A (20,000 tonness) + Power Plant B (20,000 tonnes) Impossible to make a spot order since it is less than 1 cargo (60,000 tonnes) | Power Plant A (20,000 tonnes) + Power Plant B (20,000 tonnes) + AGT quantity(20,000tonnes) Possible to make a joint-purchasing |
| Power Plant B |
Enhancing Flexible Import and Supply-Stability by Using Multiple Terminals
IGT consumers can use KOGAS' five terminals (in Pyeongtaek, Incheon, Tongyeong, Samcheok, and Dangjin) and a nationwide pipelines network.
- with those terminals, IGT consumers can take numerous options on transportation, such as flexible scheduling of any vessels or ports.
