Korea Oil and Gas

Gazprom and KOGAS interested in further development of cooperation in LNG

Within the framework of the V Eastern economic forum in Vladivostok, a working meeting was held between Alexei Miller, Gazprom's head, and Chae Hee-Bong, president and chief execut

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Novatek increases the capacity of gas carriers for Asia

According to the Kommersant’s information, Novatek can increase number of ice-class gas carriers for its Arctic LNG project from 15 to 17 units, as well as to change concept, making the vesse

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In H1, Russia increased LNG supplies to South Korea 1.5 times

In January-June 2018, Russia increased supply of liquefied natural gas (LNG) to South Korea 1.5 times compared to the same period of the previous year to 1.5 million tons, the Energy Ministry of th

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Gas pipeline to South Korea may be built as soon as possible

The head of Gazprom Alexei Miller has stated that project to build a gas pipeline to South Korea could be implemented in a short time - provided that appropriate political and commercial decisions

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Uzbekistan intends to increase output of polyolefins through loading of Ustyurt gas chemical complex

Uzbekistan has planned to increase polypropylene production by 25% in 2019. The production of polyethylene by 2020 will grow 4.1 times, the mass media reported.

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In H1, Gazprom exported 1.2 mln tons of Sakhalin LNG to South Korea

In 2017, LNG supplies of Sakhalin Energy Investment Company Ltd. to South Korea amounted to 1.9 million tons, and in the first six months of 2018 - already 1.2 million tons.

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Kogas may receive up to 10% of Arctic LNG

The most likely next partner of Novatek for the Arctic LNG project is Korean Kogas.

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Korean investors interested in Amur gas-chemical cluster

Korean investors have become interested in the Amur gas-chemical cluster. Several large companies are ready to negotiate for the cooperation.

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Russia and South Korea discuss joint projects in renewable energy

Russia and South Korea discuss joint projects in the field of renewable energy, the Russian Ministry of Energy informs on results of the meeting of the Russian-Korean joint committee on cooperation

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Conditions on Asian gas market may become unprofitable for Russia

South Korean company Korea Gas Corp (Kogas) is going to challenge the terms of a long-term contract with the North West Shelf project operator for the supply of liquefied gas.

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