Korea Gas Corporation

Korea Gas Corporation (KOGAS) is a South Korean public natural gas company that was established by the Korean government in 1983. KOGAS has grown into the largest LNG-importing company in the world[1] and operates four LNG regasification terminals and 4,824 km of natural gas pipelines in South Korea.

Korea Gas Corporation
TypePublic
KRX: 036460
IndustryGas utility
Founded1983 (1983)
Headquarters,
Key people
Young-Doo Kim
RevenueKRW 221,723 hundred million (2017)
KRW 10,339 hundred million (2017)
KRW -11,917 hundred million (2017)
Total assetsKRW 371,394 hundred million (2017)
Total equityKRW 81,404 hundred million (2017)
OwnerMinistry of Strategy and Finance 26.15%
Korea Electric Power Corporation 20.47%
Korean local governments 7.93%
Number of employees
3,965
Websitewww.kogas.or.kr

Young-Doo Kim has been Acting president of KOGAS since 2018.

The company has a stake in the Prelude floating liquefied natural gas facility in Australia, along with investors Shell, Inpex Corporation, and CPC Corporation. It is the largest floating production structure in the world.[2] Production started in December 2018.[3]

References

  1. "Korea Gas Corporation Company Information". Hoover’s Inc. Retrieved 29 November 2014.
  2. "World's largest floating LNG platform starts production in Australia". Reuters. 2018-12-26. Retrieved 2019-05-16.
  3. "Prelude starts production". www.shell.com.au. Retrieved 2019-05-16.
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