Seoul City Gas Co., Ltd. (017390.KS) operates as a city gas distributor in South Korea, supplying natural gas to residential, commercial, and industrial customers primarily in the Seoul metropolitan area. The company provides city gas distribution services; liquefied natural gas (LNG) supply and storage; pipeline construction and maintenance; gas appliances sales and installation, including boilers, stoves, and meters under its own brands; and energy solutions such as cogeneration systems, district heating, and renewable energy initiatives. Founded in 1983 and headquartered in Seoul, South Korea, it serves over 3 million customers across the capital region, focusing on the utilities sector with segments in gas supply, infrastructure, and customer services.[web:previous]
In recent developments, Seoul City Gas expanded its LNG infrastructure by commencing operations at a new storage facility in 2024 to enhance supply reliability amid rising demand. The company formed a strategic partnership with Korea Gas Corporation in early 2025 for joint green hydrogen projects, aiming to integrate low-carbon energy into its distribution network. Additionally, it acquired a minority stake in a renewable energy startup in late 2024, signaling a shift toward sustainable operations, while launching smart gas metering services for industrial clients to improve efficiency.[web:previous]