Korea Gas Corporation http://www.globalpost.com/taxonomy/term/39120/all en Two engineers killed in attack on Iraq gas field http://www.globalpost.com/dispatch/news/afp/130402/two-engineers-killed-attack-iraq-gas-field-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Gunmen killed two Iraqi engineers, wounded a third and kidnapped another when they attacked a camp near a gas field run by a South Korean firm in Iraq's western desert, officials said on Tuesday.</p> <p>The attack on the camp, for workers contracted by KOGAS to work on the Akkaz field, occurred at around 10:00 pm (1900 GMT) on Monday, according to Lieutenant Colonel Mohammed al-Khafaji, the chief of police in the town of Qaim on the Iraq-Syria border.</p> <p>Mustafa Shawqi, a doctor at Qaim's hospital, confirmed the casualty toll.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130402/two-engineers-killed-attack-iraq-gas-field-0" target="_blank">read more</a></p> KazMunayGas Korea Gas Corporation Technology AFP Tue, 02 Apr 2013 09:01:01 +0000 Agence France-Presse 5799094 at http://www.globalpost.com Cyprus to auction gas blocks with Italy-SKorea venture http://www.globalpost.com/dispatch/news/afp/131121/cyprus-auction-gas-blocks-italy-skorea-venture <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Cyprus entered talks Thursday with Italian-South Korean venture ENI-KOGAS on licensing two offshore exploration blocks, state media said, as the recession-hit island steps up its search for gas reserves.</p> <p>The cabinet reportedly gave the green light for the negotiations on blocks 5 and 6 to begin, with a December 2 deadline ready to be extended.</p> <p>Government spokesman Victoras Papadopoulos confirmed ministers had discussed the issue but told reporters there was "nothing to announce publicly".</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131121/cyprus-auction-gas-blocks-italy-skorea-venture" target="_blank">read more</a></p> Business Eni Korea Gas Corporation Politics AFP Thu, 21 Nov 2013 21:31:15 +0000 Agence France-Presse 5996499 at http://www.globalpost.com Gov't raises price of natural gas by 5.8 pct http://www.globalpost.com/dispatch/news/yonhap-news-agency/131230/govt-raises-price-natural-gas-58-pct <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEJONG, Dec. 31 (Yonhap) -- The price of natural gas will be raised an average 5.8 percent from Jan. 1 to reflect a recent hike in import prices, the government said Tuesday.</p> <p>The price of liquefied natural gas supplied by the Korea Gas Corp. (KOGAS) will be raised by 6.1 percent for the industrial sector, according to the Ministry of Trade, Industry and Energy.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2013. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/131230/govt-raises-price-natural-gas-58-pct" target="_blank">read more</a></p> Korea Gas Corporation Natural gas Pricing Yonhap News Agency Tue, 31 Dec 2013 02:17:23 +0000 Yonhap News Agency 6032304 at http://www.globalpost.com State gas firm aims to cut 10.5 tln won in debt by 2017 http://www.globalpost.com/dispatch/news/yonhap-news-agency/140309/state-gas-firm-aims-cut-105-tln-won-debt-2017 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 9 (Yonhap) -- South Korea's state-run gas corporation said Sunday that it aims to slash 10.5 trillion won (US$9.9 billion) in debt by 2017 through asset sales and the reorganization of business operations.</p> <p>Korea Gas Corp. (KOGAS) said 8.2 trillion won will be cut by revising projects under way at home and abroad, with sales of assets contributing 800 billion won.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2014. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/140309/state-gas-firm-aims-cut-105-tln-won-debt-2017" target="_blank">read more</a></p> Bundang Business Korea Gas Corporation Labor Law Technology Yonhap Yonhap News Agency Sun, 09 Mar 2014 13:08:25 +0000 Yonhap News Agency 6090804 at http://www.globalpost.com KOGAS' unit sells 5 pct of its stake in LNG Canada http://www.globalpost.com/dispatch/news/yonhap-news-agency/140502/kogas-unit-sells-5-pct-its-stake-lng-canada <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>by Nam Kwang-sik</p> <p>SEOUL, May 2 (Yonhap) -- Korea Gas Corp. (KOGAS), South Korea's state-run LNG provider, said Friday its unit KOGAS Canada LNG Ltd. has sold 5 percent of its stake in a multinational joint venture LNG Canada as it tries to reduce its debts as demanded by the government.</p> <p>The stake sales to Shell Canada Energy, a unit of global energy firm Shell, lowered KOGAS Canada LNG's stake in LNG Canada to 15 percent, the company said in a regulatory filing.</p> <p>The company did not reveal the amount of proceeds from the sale.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2014. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/140502/kogas-unit-sells-5-pct-its-stake-lng-canada" target="_blank">read more</a></p> Korea Gas Corporation Liquefied natural gas LNG Canada Petroleum production Yonhap News Agency Fri, 02 May 2014 10:51:23 +0000 Yonhap News Agency 6136535 at http://www.globalpost.com Cyprus in gas exploration deal with ENI, Kogas http://www.globalpost.com/dispatch/news/afp/140730/cyprus-gas-exploration-deal-eni-kogas <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Cyprus signed a memorandum of understanding Wednesday with Italian-Korean energy consortium ENI-Kogas to drill for possible offshore gas resources.</p> <p>Italy's ENI holds an 80 percent stake in exploiting Blocks 2, 3 and 9 of Cyprus's Exclusive Economic Zone, while South Korea''s Kogas holds the balance.</p> <p>Energy Minister George Lakkotrypis told reporters drilling would begin before the summer's end.</p> <p>He said the signing confirms the government's commitment to building an onshore terminal if viable, but proven reserves found so far are not enough.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140730/cyprus-gas-exploration-deal-eni-kogas" target="_blank">read more</a></p> Delek Korea Gas Corporation Natural gas Technology AFP Wed, 30 Jul 2014 17:18:50 +0000 Agence France-Presse 6219144 at http://www.globalpost.com