
KOGAS to pay SHI KRW299.6bn over LNG tank defects
A Seoul court has ordered KOGAS to pay KRW299.6bn to Samsung Heavy Industries after defective LNG cargo tanks on SK Serenity and SK Spica led to costly repairs and claims by SK Shipping.

A Seoul court has ordered KOGAS to pay KRW299.6bn to Samsung Heavy Industries after defective LNG cargo tanks on SK Serenity and SK Spica led to costly repairs and claims by SK Shipping.

Samsung Heavy Industries is poised to secure a KRW 3.5 trillion offshore contract for Mozambique’s Coral Norte FLNG project, with Eni expected to issue a final investment decision soon.
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