Page 14 - Korea Gas Corporation 40 years

Journeying Beyond 40

Years to Reach

100-year Mark CHAPTER.06 | REALIZING NATIONAL ENERGY INDEPENDENCE

Yesterday and Today of KOGAS
The history of natural gas in Korea began with the inception
of Korea Gas Corporation in August 1983. KOGAS, which
began to supply natural gas in 1986, led the country to become
the world’s seventh natural gas user. Since then, KOGAS
has grown into an energy company with the world's largest
production and supply facilities, operating 77 LNG storage
tanks with a total of 12.16-million-kL capacity at five LNG
terminals. With a nationwide pipeline network of 5,140
kilometers and 427 governing stations, KOGAS provides
safe, reliable supply of natural gas and provides convenient
access to natural gas for all Koreans, providing an important
foundation for Korea's growth as a highly industrialized nation.
KOGAS, which supplies natural gas, an eco-friendly and
clean fuel, contributes to the fight against climate change and
reduction of fine dust, and is recognized as a global energy
company that operates across the entire value chain of natural
gas exploration, development, and production, both in Korea
and overseas.

Tomorrow of KOGAS
On August 18, 2023, the 40th anniversary of its foundation,
KOGAS announced a new vision and strategies to achieve a
balance between stable natural gas supply and future growth
drivers, in order to proactively respond to rapid changes
in the internal and external business environment, such as
the increasing volatility of natural gas supply and demand,
intensifying competition in the gas industry, and rising energy
security concerns.
KOGAS set “KOGAS, the Leader of Energy Innovation” as
its new vision, with the desire to establish itself as a leader in 97