Kogas April LNG Sales Down

South Korea’s Kogas, the world’s largest corporate buyer of LNG, said its LNG sales volume totaled 2.68 million tons in April, down 16.5 percent compared to the same month in 2013.

The company sold 38.68 million mt of LNG last year, compared to 36.55 million mt in 2012.

Kogas recently sold 5 percent of its stake in LNG Canada to Shell as part of efforts to reduce the company’s debts. The company plans to cut 10.5 trillion won in debt by 2017 through asset sales and the reorganization of business operations.

LNG World News Staff, May 13, 2014; Image: Kogas

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >

Cryogenic Storage Tanks

The program committee looks forward to having the opportunity for intensive, objective and professional…

read more >