Korea Gas Corporation (KOGAS) is a state-owned enterprise primarily engaged in the import, liquefaction, storage, distribution, and wholesale of natural gas and liquefied natural gas (LNG) in the Republic of Korea. Founded in 1983 and headquartered in Daegu, South Korea, KOGAS operates an extensive nationwide pipeline network and LNG terminals, supplying natural gas to power generation plants, city gas companies, and industrial customers. The company’s core products and services include LNG importation and regasification; natural gas transmission and distribution; LNG storage and transportation; and infrastructure development for hydrogen production, storage, distribution, and utilization as part of its transition toward a hydrogen economy. Additionally, KOGAS is involved in overseas exploration and production projects in markets such as Australia, Iraq, and Myanmar. Recent strategic developments include entering into long-term LNG supply contracts with global suppliers like TotalEnergies, securing over 3 million tons per year of LNG starting in 2028, aligned with expanded US-South Korea energy cooperation. In 2024, KOGAS returned to profitability driven by higher operating income, gains from overseas operations, and reduced interest expenses, despite lower domestic gas prices. The company continues to emphasize diversified LNG sourcing and sustainable energy initiatives while maintaining its role as South Korea’s sole natural gas importer and distributor.