Korea Gas invests in 4th LNG terminal, buys stake in Blue Energy
Seoul (Platts)–29Jun2009
State-run Korea Gas Corp. is to invest Won 738.6 billion ($576.1 million) to expand the storage capacity at its fourth LNG terminal, which is currently under construction at Samcheok, company officials said Monday.
The investment will be made between June 2009 and August [...]
KOGAS to spend 739 bln won to expand LNG storage facility
Yon Hap News - Korea, By Nam Kwang-sik
SEOUL, June 25 (Yonhap) — South Korea’s state-run Korea Gas Corp. (KOGAS) said Thursday it plans to invest 739 billion won (US$576 million) to expand a liquefied natural gas (LNG) storage facility on the country’s east coast.
The investment will [...]
Gazprom, Kogas sign MOU for Sakhalin-2 pipeline project
Eric Watkins, OGJ Oil Diplomacy Editor
LOS ANGELES, June 25 – Russia’s OAO Gazprom and South Korea’s Korea Gas Corp. (Kogas) have signed a memorandum of understanding to study the possibilities of supplying Russian natural gas to South Korea by extending the Sakhalin-Khabarovsk-Vladivostok (SKV) gas pipeline.
The agreement with Kogas comes [...]
World’s largest LNG consumers cut purchases as demand wanes
Emirates Business, 14 June 2009
Companies from the world’s two largest liquefied natural gas consuming nations have cut purchases, bringing additional woes to an already suffering market.
Taking advantage of the severe slump in the LNG market, Korea Gas Corp (Kogas) and Tokyo Electric Power Company (Tepco), Japan’s largest [...]
Santos Starts Talks to Sell LNG Stake to Korean Buyer, SMH Says
By Jacob Greber
June 10 (Bloomberg) — Santos Ltd. has begun talks with Korean buyers about the sale of a potential stake in its Gladstone liquefied natural gas project, the Sydney Morning Herald said.
Korea Gas Corp. is in the initial stage of sales negotiations with Santos, [...]
Thursday, July 2, 2009
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