KOGAS an abbreviation for Korea Gas Corporation, was incorporated by the Korean government in 1983. Since its founding, it has grown to become the world's largest LNG importer. As the nation's sole LNG provider, the Corporation is fully committed to providing clean, safe and convenient energy to the people of Korea. In keeping with this mission, KOGAS currently operates three LNG terminals and a nationwide pipeline network spanning over 3,022km in order to ensure stable supply for the nation.
KOGAS imports LNG from around the world and supplies it to power generation plants, gas-utility companies and city gas companies throughout the country. it produces and supplies natural gas, purifies and sells gas-related by-products, builds and operates production facilities and distribution network, and explores, imports and exports natural gas for domestic and overseas markets.
KOGAS received the sovereign credit rating of A1 and A, the highest credit rating ever given to a Korean company by the Moody's and S&P. On the foundation of its accumulated experience and expertise, the Corporation is actively developing new technologies, expanding the scope of businesses, and participating in foreign projects in our efforts to realize our goal of becoming a leading integrated energy company in the world.
|Number of Employees||3,026(as of January, 2012)|
|Major Business Lines||Production and Distribution of Natural Gas including Purification and Sales of By-products / Exploration and Import/Export of Natural Gas and Liquefied Natural Gas (LNG) / Construction and Operation of LNG Terminals and Natural Gas Distribution Network / Research and Technical Development (R&D) for Related Business Areas / Other Related Businesses|
|Sales||KRW 28,493,663,000,000 (2011)|
|Net Income||KRW 174,707,000,000 (2011)|
|Earnings Per Share (EPS)||KRW 2,499 (2011)|
|Major R&D Fields||Natural Gas Run Vehicle (NGV), Natural Gas Cooling/Heater system for households, Fuel Cells, NOx Reduction Technology, Cooling Energy Technology.|