Korea Gas Corporation (KOGAS) is South Korea’s national natural gas company, founded in 1983 and headquartered in Daegu. It plans, procures, and imports liquefied natural gas (LNG) and operates the country’s LNG receiving, storage, and regasification terminals—along with the high‑pressure trunk pipeline network—supplying gas to power generators and city gas distributors that serve industrial, commercial, and residential customers.
KOGAS is among the world’s largest LNG buyers, sourcing volumes under long‑term and spot arrangements from diverse regions. It also holds equity stakes in upstream gas and LNG projects across the Middle East, Africa, Asia‑Pacific, and North America. Beyond LNG, the company develops infrastructure and businesses in hydrogen and other low‑carbon gases, as well as carbon capture, utilization and storage (CCUS), to support South Korea’s energy transition. Reliable gas supply from KOGAS underpins feedstock and energy needs for the country’s chemical and petrochemical sectors.
chemXplore tracks 4 projects involving KOGAS, of which 4 are active.
KOGAS's role on them: Owner, Investor / Financier, and Offtaker.
3 new construction and 1 expansion.
2 of the active projects carry no start-up date yet.
Contractors, licensors, and offtakers are recorded on all 4 of them For subscribers
Targeting: Natural gas (4), Natural gas condensates (petroleum) (1)
Notice to Proceed issued for LNG Canada Phase 2 after FID; contract mainly lump-sum with some cost-plus; JGC to recognise US$7.5bn in fiscal 2026 after FEED update.
Notice to proceed issued; US$7.5bn share to be recognized in Q3 FY2026; Phase 2 adds one storage tank and two trains, doubling output to ~28 Mtpa.
Phase 2 will double Kitimat LNG output to 28 mtpa; Shell’s 40% stake adds nearly 6 mtpa, with commercial operations targeted in the early 2030s.
LOI covers preliminary engineering, procurement and technical services worth about €11m for upstream offshore scope; final EPCI award depends on FID and government/regulatory approvals expected in 2026.
LOI covers $32M for preliminary engineering and procurement to advance project definition; final EPC award depends on FID and government/regulatory approvals expected in 2026.
LOI covers limited engineering and procurement to advance project definition toward a 2026 FID; Phase 1 targets 18.6 mtpa from 12 modular trains with start-up in 2031.
Order intake €12.7bn raised backlog to €25bn; H1 revenue €3.7bn and EBITDA €212m after provisions; Project Delivery margin guidance reduced for 2026.
Coral Norte FLNG will produce ~3.6 Mtpa, doubling the Coral hub to 7 Mtpa and placing Mozambique among Africa’s top three LNG producers.
By country, the most active first. active / all projects
