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South Korean coal and gas imports hit record high – media

South Korean coal and gas imports hit record high – media

The cost of the commodities soared in 2022 due to a major surge in global energy prices

The cost of South Korean coal and gas imports reached record highs last year due to surging global energy prices, Yonhap News Agency reported on Thursday, citing the latest data from the country’s Ministry of Trade, Industry and Energy.

In monetary terms, gas imports rose to $56.7 billion in 2022 – the highest since 1956 when the country’s government started tracking the related data. The previous record of $36.6 billion was reported in 2014.

Meanwhile, the value of coal imports grew to $28.1 billion,…

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