KOREA GAS CORPORATION

Korea Gas Corporation (KOGAS) Company Introduction:

Korea Gas Corporation (KOGAS) is a state-owned public natural gas company based in South Korea, established in 1982. It holds the distinction of being the world's largest importer of liquefied natural gas (LNG). KOGAS's core business encompasses the comprehensive management of the natural gas value chain within South Korea. This includes the exploration and production of natural gas, international procurement of LNG, operation of large-scale LNG receiving terminals (regasification plants), and the construction and management of an extensive national gas pipeline network for wholesale distribution. The company is crucial to South Korea's energy security, providing a stable and reliable supply of natural gas for various sectors, including power generation, industrial consumption, and residential heating.

Is it a factory or a trading company?

KOGAS is neither a factory nor purely a trading company. It is an integrated natural gas infrastructure and public utility company. While it engages in significant international procurement (trading) of LNG, its primary role involves operating and managing critical energy infrastructure for the regasification, transmission, and wholesale distribution of natural gas across South Korea. It acts as a major energy supplier and infrastructure operator rather than a traditional manufacturing firm or a simple trading house.

KOREA GAS CORPORATION (KOGAS) produces and sells:

* Natural Gas

* Liquefied Natural Gas (LNG)

* City Gas

* By-product Gases (from LNG regasification)