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Resources Development Project Status

19 projects with 11 nations in progress as of late February, 2024

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In the development project promotion status table, the quantity of projects related to exploration, development production, and LNG introduction-linked projects.
Classification Exploration Development & Production LNG Projects Total
Number of projects 3 8 8 19

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It includes details on the project period, construction stake, and implementation status, such as exploration, development production, and LNG introduction linkage projects.
Business Projects Period Shares Main Aspects
Exploration(3) Krueng Mane Exploration Project, Indonesia 2007-completion 15%
  • Signed contract on acquiring shares (May ’07)
  • Approved the development plan (first half of the Year ’12)
Block 2, 3 & 9 Exploration Project, Cyprus 2013-2025 20%
  • Signed production sharing agreement (Jan. ’13)
Area 4 Project, Mozambique 2007-2054 10%
  • Prepared to enter Stage 1 Rovuma LNG development
Development & Production(8) Area A-1 & A-3 Exploration Project, Myanmar 2001-2038 8.5%
  • Participated in A-1 equity (Nov. ’01), Participated in A-3 equity (Oct. ’05)
  • Began commercial production in the latter half of the Year ‘13 (Sold in Myanmar and China)
Horn River Area Development, Canada 2010-completion 50%
  • Area 31 in production
Zubair Oil Field Project, Iraq 2010-2035 (option : additional 5 years) 23.75%
  • Signed main contract (in 2010)
  • Approved the Final Development Plan (Mar. 2014)
Badra Oil Field Project, Iraq 2010-2030 (option: plus 5 extra years) 22.5%
  • Signed main contract (in 2010)
  • Began commercial production (Aug. ’14)
Surgil Exploration Project, Uzbekistan 2008-2041 22.5%
  • Signed main contract (in 2012)
  • Completed building chemical plant, and began commercial production(Nov. ’16)
Akkas Gas Field Project, Iraq 2011-completion 75%
  • Signed main contract (Oct. ’11)
Umiak Gas Field, Canadian Arctic 2011- completion 20%
  • Signed shares sale contract (Feb. ’11)
Senoro & Toili Exploration Project, Indonesia 2011-2047 9.8%
  • Participated in business (Dec. ’11)
  • Began commercial production and DSLNG supply
LNG Project(8) OLNG, Oman 1996-2034 1.2%
  • Brought 4.06 mil. ton/year to Korea (2000-2024)
RasLaffan LNG, Qatar 1999-2029 3%
  • Brought 4.92 mil. ton/year to Korea (1999-2024)
YLNG, Yemen 2005-2034 8.88%
  • Began commercial production (Nov. ’09)
DSLNG, Indonesia 2011-2027 14.975%
  • Procurement 700,000 ton/year to Korea (2015-2027)
GLNG, Australia 2011-2044 15%
  • Procurement 3.5 mil. ton/year to Korea (2015-2036)
  • Commenced Production (Sep. 2015)
Prelude FLNG, Australia 2011-2039 10%
  • Secured KOGAS shares of 360,000 ton/year
  • Commenced Production (Jun. 2019)
LNG Canada, Canada 2011-2064 5%
  • Signed joint development agreement (JDA) (Dec. ’11)
  • Signed joint venture agreement (JVA) (May ’14)
  • Decided to invest in construction phase (FID) (Oct. ’18)
Coral FLNG, Mozambique 2017-2047 10%
  • FID (June ’17)
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