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KOGAS Head Calls for Gradual Hike in Gas Price to Address Financial Burden koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Korea Gas Corp. (KOGAS) will hike the price of liquefied natural gas (LNG) it imports this year to stop its debt from snowballing beyond the current 13 trillion won ($9.5 billion) level and guarantee a stable supply, company CEO Choi Yeon-hye said Wednesday. ....
The agreement is for the supply of approximately 0.5 million metric tons per annum of LNG for a period of 10.5 years on a delivered basis starting in 2026. ....