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UCL Australia Chief Executive addresses UniSA Graduation ceremony

Published: Dec 22, 2014 6:34:28 AM

UCL top UK university by research strength

Published: Dec 19, 2014 6:23:05 AM

UCL Australia celebrates fourth round of graduates

Published: Dec 15, 2014 12:10:40 AM

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Research at UCL Australia

UCL School of Energy and Resources

Research in the School of Energy and Resources focuses on both the upstream and downstream development of energy and resources, covering a wide range of disciplines - from engineering and economics to environmental science and law. 

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Mullard Space Science Laboratory

The Mullard Space Science Laboratory (MSSL) is a world-leading research organisation delivering a broad science programme that is underpinned by a strong capability in space science instrumentation, space-domain engineering, space medicine, systems engineering and project management.

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International Energy Policy Institute

The International Energy Policy Institute (IEPI) was created to address key policy issues in the mineral, energy and resources industries through intensive and innovative research.

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Research at the IEPI

Professor Stefaan Simons

Professor Stefaan Simons

Determinants of a Competitive LNG Supplier to Korea: Can Australia be the Next Qatar in terms of LNG Supply?

Joohong Huh

Joohong Huh

Project submitted in partial fulfilment of the requirements for the degree of MSc (Energy and Resources), UCL Australia.

Abstract

Korea is unlikely to require any further immediate liquefied natural gas (LNG) contracts with Australia, following its overseas investment in LNG exploration and production and its influence on international LNG projects. 

While Korea was the second largest LNG importer in the world this year, my research found Korea’s policies for the energy sector - including, gaining security of supply, approaches to environmental issues, choices of fuel mix in power generation, investment in infrastructure and deregulation of electricity and gas markets - have all contributed to a scenario where it is unlikely to invest further in Australian LNG projects. 

Australia currently has the most LNG projects under construction globally and is heading towards becoming the world’s largest LNG exporter by 2020, my dissertation discusses the future Australia-Korea relationship and analyses historical and current natural gas demand and supply structure in Korea and factors that influence gas consumption.

Click here to read the full dissertation (PDF).