Alaska Gasline finds investor in Korea Gas Corporation
The Alaska Gasline Development Corporation has signed a memorandum of understanding with the Korea Gas Corporation.
The agreement establishes a framework for the companies to cooperate on such things as project investment, development, and operations.
Alaska LNG is an integrated gas pipeline and LNG infrastructure project that will provide a direct link between the natural gas resource on Alaska's North Slope with the growing LNG markets in Asia.
KOGAS is a state-run, natural gas company, and is the primary LNG buyer in the Republic of Korea as well as the second-largest corporate LNG buyer in the world.
The company operates four re-gasification terminals and thousands of miles of natural gas pipeline across South Korea and is an investor in natural gas infrastructure across the globe.