036460.KS - Korea Gas Corporation

KSE - KSE Delayed Price. Currency in KRW
52,000.00
-400.00 (-0.76%)
At close: 3:30PM KST
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Previous Close52,400.00
Open52,600.00
Bid51,900.00 x 0
Ask52,000.00 x 0
Day's Range51,200.00 - 53,300.00
52 Week Range41,550.00 - 65,500.00
Volume168,275
Avg. Volume202,592
Market Cap4.557T
Beta (3Y Monthly)0.79
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateFeb 26, 2019 - Mar 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-12-29
1y Target Est71,636.00
  • Reuters17 days ago

    LNG Canada gets another buyer as Vitol inks supply deal with Petronas

    LONDON, Nov 29 (Reuters) - LNG Canada, the $30 billion liquefied natural gas (LNG) export project, has bagged another client after project shareholder Petronas signed an initial sales deal with trading ...

  • Reuters2 months ago

    Shell gas project in Canada gets greener amid LNG climate worry

    At a massive natural gas field in northern British Columbia, Royal Dutch Shell Plc is using new technologies and processes to cut emissions to address public and environmental group concerns that Canada's nascent liquefied natural gas export industry could be a climate time bomb. The Groundbirch project, perched above Canada's richest shale gas deposit some 1,110 kilometers (684 miles) northeast of Vancouver, includes four gas plants and 500 wells dotted over an area the size of New York City.

  • Reuters2 months ago

    Looming large - Shell's LNG Canada seen as tip of megaproject iceberg

    LONDON/SINGAPORE (Reuters) - The launch of a massive liquefied natural gas (LNG) export project in Canada could fire the starting gun on a wave of other approvals around the world, potentially curbing a supply crunch expected after 2020. Royal Dutch Shell (RDSa.AS) on Tuesday said it would export LNG from the west of Canada by 2025 after approving a C$40 billion (£24 billion) project capable of initially producing 14 million tonnes a year. The Canada and Qatar developments will significantly boost the around 300 million tonnes of LNG traded per year, helping ease a supply shortage expected in the next decade amid surging appetite for cleaner fuels from places such as China and wider Asia.

  • Reuters2 months ago

    Looming large: Shell's LNG Canada seen as tip of megaproject iceberg

    LONDON/SINGAPORE, Oct 3 (Reuters) - The launch of a massive liquefied natural gas (LNG) export project in Canada could fire the starting gun on a wave of other approvals around the world, potentially curbing a supply crunch expected after 2020. Royal Dutch Shell on Tuesday said it would export LNG from the west of Canada by 2025 after approving a C$40 billion ($31.2 billion) project capable of initially producing 14 million tonnes a year. The Canada and Qatar developments will significantly boost the around 300 million tonnes of LNG traded per year, helping ease a supply shortage expected in the next decade amid surging appetite for cleaner fuels from places such as China and wider Asia.

  • Reuters2 months ago

    Big is back: Canada's mega LNG project gets green light on Asia demand

    VANCOUVER/SINGAPORE (Reuters) - The approval on Tuesday of a massive liquefied natural gas export (LNG) terminal in Canada is being touted as the return of the mega-project, ending a lean period where low energy prices and oversupply concerns kept investors from taking big risks. The C$40 billion ($31 billion) LNG Canada project led by Royal Dutch Shell (RDSa.L) was given the go-ahead by the Anglo-Dutch giant and its partners, making it the fuel's first major new project to win approval in recent years. Construction will start immediately, with first shipments of the super-chilled fuel expected before 2025, aiming to feed surging demand from Asian buyers, primarily China.

  • Reuters2 months ago

    Massive Canada LNG project gets green light as Asia demand for fuel booms

    VANCOUVER/SINGAPORE, Oct 2 (Reuters) - A massive liquefied natural gas (LNG) export project in Canada has received final approval from its partners, LNG Canada said on Tuesday, making it the first major new project for the fuel to win approval in recent years. First gas from the C$40 billion ($31 billion) project, led by Royal Dutch Shell Plc, is expected before 2025, aiming to feed an expected surge in demand for the super-chilled fuel from Asian buyers, mainly China. LNG Canada is the largest private-sector investment project in Canadian history, Prime Minister Justin Trudeau said at a news conference in Vancouver.

  • Reuters2 months ago

    BRIEF-Canada commits C$275 million to LNG Canada infrastructure, environment projects

    Oct 2 (Reuters) - Canadian Prime Minister Justin Trudeau, speaking at a news conference about the LNG Canada project: * CANADA COMMITTING C$275 MILLION RELATED TO LNG CANADA INFRASTRUCTURE, MARINE PROTECTION, ...

  • Reuters2 months ago

    South Korea's KOGAS to invest $670 mln in LNG Canada project

    * South Korea's Korea Gas Corp said on Tuesday it will invest 749.86 billion Korean won in a massive liquefied natural gas export project in Canada * The LNG Canada project has received the final go-ahead ...

  • Reuters2 months ago

    Japan's Mitsubishi to join in development of $31 bln Shell LNG Canada project

    Japanese trading house Mitsubishi Corp said on Tuesday it will join in developing the LNG Canada project in British Columbia led by Royal Dutch Shell, which has taken a final investment decision to go ahead with the development. The C$40 billion ($31 billion) project, on the west coast of Canada, will consist of two liquefied natural gas (LNG) production facilities, known as trains, that are expected to export about 14 million tonnes per year of the fuel. LNG Canada is a joint venture between Shell, Malaysia's Petronas, PetroChina Co Ltd, Mitsubishi and Korea Gas Corp.

  • Shell, Partners Approve $31 Billion Project to Speed Gas to Asia 
    Bloomberg2 months ago

    Shell, Partners Approve $31 Billion Project to Speed Gas to Asia 

    Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada -- the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas. LNG Canada -- comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. and Korea Gas Corp. -- is set to announce a final investment decision on the C$40 billion ($31 billion) project as early as Monday, said people with direct knowledge of the plans, who asked not to be identified because the matter isn’t public.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of 036460.KS earnings conference call or presentation 8-Aug-18 5:30am GMT

    Q2 2018 Korea Gas Corp Earnings Call

  • Reuters4 months ago

    Swiss utility in LNG supply talks with Canada's Goldboro project

    Axpo, a Swiss utility and energy trader, said on Thursday it was in talks with a Canadian company planning to build a liquefied natural gas (LNG) terminal on the country's East Coast for a 10-year supply deal. If the talks lead to a Sales and Purchase Agreement (SPA), they would help boost the chances of the C$10 billion ($7.6 billion) Goldboro project being built by Pieridae Energy to become the first LNG export terminal on Canada's East Coast. Canada is rich in oil and gas but has yet to export LNG to Asia from its West Coast or across the Atlantic from its East Coast in commercial quantities despite major companies planning 20 export terminals.

  • Reuters5 months ago

    Exxon beefs up Mozambique LNG project to cut costs ahead of bank talks

    Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters. The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion deal with Italy's Eni last year, adding to its slate of planned gas projects in Qatar, Papua New Guinea, Russia and the United States. It now aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north, shelving former operator Eni's more modest blueprint in pursuit of cost savings to boost returns on investment.

  • Reuters5 months ago

    Asian energy giants hedge U.S. LNG buying spree with European deals

    Asian utilities are increasingly striking up European partnerships and hunting for acquisitions to hedge their large multi-billion-dollar purchases of U.S. liquefied natural gas (LNG) supplies. In the latest example, Japan's JERA, the world's largest buyer of liquefied gas, will absorb the LNG trading desk of France's EDF Trading (EDFT) (EDF.PA) to gain wholesale access to European gas markets and sharpen its trading edge. Such deals, also struck lately by Tokyo Gas and Kogas, give Asian giants a fallback market for U.S. LNG supplies which they may not need, having rushed to commit to big chunks of new liquefaction capacity offered there in the past six years.

  • Reuters6 months ago

    Trans-Korea gas pipeline project reappears, but challenges remain

    The long-planned and much derided Trans-Korea gas pipeline project is back on the agenda, buoyed by hopes North and South Korea can make peace. If realized, it would be a pipeline dream-come-true for South Korea. Lacking its own energy resources or pipelines to regions with gas, South Korea has been shipping the fuel in on tankers as liquefied natural gas (LNG).

  • Reuters6 months ago

    EXPLAINER-Trans-Korea gas pipeline project reappears, but challenges remain

    The long-planned and much derided Trans-Korea gas pipeline project is back on the agenda, buoyed by hopes North and South Korea can make peace. If realized, it would be a pipeline dream-come-true for South Korea. Lacking its own energy resources or pipelines to regions with gas, South Korea has been shipping the fuel in on tankers as liquefied natural gas (LNG).

  • Reuters6 months ago

    LNG Canada says local support has cut risk of delays, overruns

    A strong stakeholder engagement program at a liquefied natural gas export plant on Canada's West Coast has helped pare the risk of delays and cost overruns for the C$40 billion ($30.1 billion)project, a project executive told Reuters. LNG Canada, currently being reviewed by its joint venture partners ahead of a final investment decision, has focused hard on ensuring government, indigenous people and local communities are on board with the project, Susannah Pierce, LNG Canada's director of external relations, told Reuters late on Wednesday at the triennial World Gas Conference in Washington, D.C.

  • Reuters6 months ago

    LNG Canada says local support has cut risk of delays, overruns

    A strong stakeholder engagement program at a liquefied natural gas export plant on Canada's West Coast has helped pare the risk of delays and cost overruns for the C$40 billion ($30.1 billion)project, a project executive told Reuters. LNG Canada, currently being reviewed by its joint venture partners ahead of a final investment decision, has focused hard on ensuring government, indigenous people and local communities are on board with the project, Susannah Pierce, LNG Canada's director of external relations, told Reuters late on Wednesday at the triennial World Gas Conference in Washington, D.C.

  • Reuters6 months ago

    Woodside CEO says may exit Sempra Port Arthur LNG export project in Texas

    The chief executive officer of Woodside Petroleum Ltd said on Tuesday that Australia's biggest independent oil and natural gas company will soon decide whether to continue to invest in Sempra Energy's Port Arthur liquefied natural gas (LNG) export project in Texas. "We've got to make some decisions pretty soon about our continued pursuit (of Port Arthur) with Sempra," said Coleman, noting that Woodside has been paying part of the project's development costs. "What we've been doing is just paying our way (with Port Arthur), and whether that is going to give us an adequate return, I would say today that is very challenged," Coleman said.

  • Reuters6 months ago

    Growing global LNG market needs better pricing system - execs

    The growing world liquefied natural gas market requires a better pricing benchmark to facilitate big-ticket investment decisions and stabilize demand, executives said on Tuesday at an industry conference in Washington. LNG has traditionally been sold on long-term contracts indexed to oil prices, rather than being pegged to a natural gas index. As crude oil prices rise for reasons unrelated to natural gas fundamentals, there is a risk that price-sensitive buyers of LNG will be scared off, according to the executives speaking at the triennial World Gas Conference.

  • Moody's7 months ago

    Korea Gas Corporation -- Moody's: Kogas' improved results for 1Q 2018 are within expectations

    Moody's Investors Service says that Korea Gas Corporation's (Kogas) improved operating results for the three months ended 31 March 2018 (1Q 2018) are in line with Moody's expectations, and will not immediately affect the company's Aa2 issuer rating or the stable outlook on the rating. "Kogas' improved results and lower reported debt in 1Q 2018 will mitigate possible weaker operating performance, if there are any delays in upward tariff adjustments to compensate for higher fuel costs," says Mic Kang, a Moody's Vice President and Senior Credit Officer. According to its preliminary earnings release, Kogas recorded an unaudited consolidated operating profit of KRW963.5 billion in 1Q 2018, up from KRW826.7 billion in 1Q 2017.

  • Reuters7 months ago

    LNG Canada committed to starting construction on project in 2018 -CEO

    The chief executive of the LNG Canada project on British Columbia northern coast said on Tuesday that the company was committed to starting construction on the C$40 billion liquefied natural gas export ...

  • Reuters8 months ago

    Canadian LNG plant selects contractor, edges closer to reality

    A proposed C$40 billion ($31.1 billion) liquefied natural gas export terminal on British Columbia's coast edged closer to reality on Friday, as the company behind the project said it had chosen a contractor to lead project construction once financing is in place. A JGC Corp and Fluor Corp joint venture has been selected to do the final engineering, procurement and construction for the LNG Canada terminal, with a final investment decision on the build still expected later this year, LNG Canada said. LNG Canada is led by Royal Dutch Shell Plc along with its partners Petro China Co Ltd, Korea Gas Corp and Mitsubishi Corp.

  • Reuters10 months ago

    Australia's Woodside lashes out at S.Korea's KOGAS over disputed LNG contract

    Australia's Woodside Petroleum on Wednesday lashed out at Korea Gas Corp over a dispute it has with the South Korean company, saying KOGAS owes it money for an expired liquefied natural gas contract from ...