KOGAS
KOGAS was established in August 1983 to enhance people’s convenience and welfare through the supply of clean natural gas. The main business of KOGAS is building terminals and a gas supply pipeline network, importing LNG, regasifying it at the terminals, and supplying it stably to local gas companies and power plants. We import LNG mainly from the Middle East (Qatar, Oman, Yemen, and Egypt), Southeast Asia (Indonesia and Malaysia), Russia (Sakhalin), Australia, and the United States. KOGAS began supplying natural gas to the Pyeongtaek Thermal Power Plant in 1986, the Seoul Metropolitan Area in 1987, central Korea in 1993, southern mainland Korea in 1995, the west coast in 1999, and the Gangwon-do region in 2002. KOGAS has continuously developed the “National Natural Gas Supply Project” to improve people’s convenience and welfare, and as the nationwide main pipeline was completed, a single loop network was established to ensure a stable supply of gas. Furthermore, we are continuously pushing forward with supply chain expansion projects to contribute to energy welfare and balanced regional development. For example, we have been supplying gas to unconnected mainland areas since 2009, and started natural gas supply to Jeju Island in 2019. KOGAS currently operates a nationwide pipeline network spanning over 5,178(as of Dec. 2022), and supplies natural gas to 19.99 million households in 216 cities and counties with a distribution rate of 85.4% of all households nationwide (as of Dec. 2022).
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※ When calculating earnings per share based on consolidated financial statements, net income attributable to the owners of the parent company is used