S. Korea to apply zero tariffs on LNG, LPG under quota scheme to tackle inflation
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Source: South Korea
Published: 2026-06-18 10:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Energy, Economy & Finance, World News, Business & Economy, Asia Pacific
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Snippet:
SEJONG, June 18 (Yonhap) -- South Korea plans to apply zero tariff rates on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) within quotas in the second half of 2026 as the country seeks to tame inflation amid lingering global energy price volatility, the finance ministry said Thursday.
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