29 March 2024
KOGAS buys 20% stake in MGM Energy’s Canadian Arctic gas reserve
Publication date: 20 January 2011
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Korea Gas Corporation (KOGAS) has agreed to buy a visual_editor0% stake in the Canadian Umiak gas reserve owned by Calgary-based MGM Energy. KOGAS has acquired several stakes in Canada, but this agreement marks the first resource development in the Arctic by a South Korean company the Seoul government said on Thursday.