KOGAS aims to provide stable and safe supply of clean and convenient natural gas to the people of Korea throughout the nation. For this purpose, the Corporation has established plans to expand the existing distribution of natural gas in order to reach additional 4,300,000 households in about 40 different regions by 2013. At the same time, the Corporation is focusing on the establishment and operation of its advanced safety system, reduction in the cost of importation and wholesale expenditures, and continuous expansion of storage facilities for stabilized supply.
KOGAS business is founded on the acquisition of stable long term supply of natural gas. For this purposed, the Corporation is focusing on importation of LNG and investment into existing LNG businesses as well as accelerating the import time schedule for the Russian PNG. Furthermore, the Corporation is working to substantially empower its businesses, to optimize R&D on its core technologies and to expand its scope of businesses through exploration, development, and production of gas resources in preparation for the commercialization of the East Sea gas hydrate in the mid term, and importation of natural gas from the Arctic region in the long term.
KOGAS core capabilities are derived from the accumulated know-how on the design, construction, and operation of the LNG Terminal and distribution facilities as well as its professional human resources. With such foundation, the Corporation is pursuing the goal of becoming a leading global gas enterprise by expanding its scope of businesses to include not only the construction and operation of the overseas LNG terminals, LNG liquefaction plants and pipeline networks, but also marketing and trading of LNG
Through the sharing and internalization of its prevailing belief on the core values of the Corporation (trust, change, challenge and responsibility), KOGAS is looking forward to achieving its vision and goal through mutual concern and collaboration in order to realize success for all of its members, and to establishing an environment in which competency is valued and cherished. Ultimately, corporate culture aimed at creating new opportunities that will enable the Corporation to lead the future will be established.
For the sake of the customers, who are the source of competitiveness of KOGAS, the Corporation will strengthen its ethical, environmental and transparent business management practices to be utilized as the foundation for corporate sustainability and responsibility. With this, the Corporation will also become a corporation fully supported the people in its efforts to make contributions toward the further development of the nation’s energy industry and towards harmonized growth along with the shareholders, consumers, society and business partners.