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KRX:036460

3 stories mentioning KRX:036460Updated 1m ago

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Asia

Korea Gas Files for Singapore Listing of $700 Million Worth of Bonds

Korea Gas (KRX:036460) filed for the listing of $700 million worth of bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Tuesday.The Korean gas supply company filed for $350 million worth of 4.500% senior unsecured bonds due 2031 and $350 million worth of unsecured floating rate bonds due 2029.The bonds will be listed and quoted on the Bonds Market on June 24, the filing added.

^STIKRX:036460
Asia

Market Chatter: Korea Gas Signs 10-Year LNG Purchase Agreement with British Oil & Gas Firm BP

Korea Gas (KRX:036460) signed a 10-year contract with British oil and gas company BP plc (LON:BP) to purchase 700,000 tons of liquefied natural gas (LNG) on an annual basis, beginning in 2028, Yonhap News reported Friday.The agreement follows a separate agreement signed by Korea Gas last year to import 3.3 million tons of LNG annually from the US beginning in 2028, the report said.Korea Gas said the latest contract will help diversify energy supply sources and stabilize gas prices amid prolonged Middle East tensions, it said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:036460LON:BP
Asia

Korea Gas' Net Income Jumps 49% in Q1

Korea Gas (KRX:036460) posted first-quarter net income attributable to shareholders of 548.6 billion won, up 49% from 367.5 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean state-owned natural gas company's sales fell 7.3% year over year to 11.8 trillion won from 12.7 trillion won.Shares of Korea Gas rose nearly 2% at market close.

KRX:036460

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