MARKETS

Gas remains crucial in South Korea's energy transition

SOUTH KOREA'S gas demand is expected to expand as it seeks to shift its energy mix away from coal to hit net zero emissions targets in 2050, the latest data from BMI, a unit of research company Fitch Solutions.

Yiying Li

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Oil is the largest component of the country's primary energy mix, making up for more than 40% of the total consumption, BMI said in its latest report. The report found that electrifying the transport...

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