LNG (LIQUIFIED NATURAL GAS)

Kogas sets up shop for Prelude investment

SOUTH Korean state-owned utility Korea Gas Corporation has decided to set up an Australian subsidiary as part of plans to invest in Shell's Prelude floating LNG project off Australia's northwest.

Marija Stojkovic

Kogas sets up shop for Prelude investment

The subsidiary, called Kogas Prelude, will be established in Perth. In a statement, Kogas said it had yet to decide on the exact investment it would make in Prelude. In August, the South Korean Ministry...

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