Woodside, KOGAS Agree on Further Cooperation

Woodside and Korea Gas Corporation (KOGAS) have signed a Memorandum of Understanding (MoU) for cooperation, extending the strong partnership between the companies.  

The MoU was signed in Perth on Monday by Woodside CEO Peter Coleman and KOGAS President and CEO, Lee, Seung-Hoon.

“The agreement, which renews a partnership in place since 2011, furthers cooperation between Woodside and KOGAS in a number of areas. These include developing future business arrangements, knowledge sharing, staff secondments, joint technology studies and workshops,” Woodside said in a statement.  

Woodside CEO Peter Coleman said the signing gives both companies scope to create material benefits by working together to realise new project opportunities.  

“The business case for continuing our cooperation with KOGAS is clear. Their capabilities and technological innovations in LNG are world class and complement Woodside’s business,” he said.  

Woodside currently supplies LNG to KOGAS, with LNG primarily sourced from Pluto LNG.