Commodities 2023: South Korea’s natural gas demand likely to dip on nuclear startups, mild winter, power price cap

South Korea’s natural gas consumption is expected to ease in 2023 with the startup of nuclear power plants, a possibly mild winter and a cap on wholesale power prices, while uncertainties surrounding industrial gas demand recovery as China moves past its zero-COVID policy as well as supply disruptions amid a prolonged wart in Ukraine could prompt Korean buyers to participate…