Korea Gas Corp. reassures markets that Qatari LNG represents only 14% of total imports with alternative sources available, as Qatar Energy warns of potential force majeure declarations on long-term contracts following attacks on major facilities amid Middle East tensions
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KOGAS Says Qatari LNG Accounts for Just 14% of Imports, Alternative Sources Available Amid Supply Disruption Concerns

Korea Gas Corp. reassures markets that Qatari LNG represents only 14% of total imports with alternative sources available, as Qatar Energy warns of potential force majeure declarations on long-term contracts following attacks on major facilities amid Middle East tensions

Yonhap Infomax
Rising oil prices and exchange rates from U.S.-Iran conflict expected to damage KEPCO's operating profit by 500 billion won per dollar oil increase, while gas companies and power generators stand to benefit from higher SMP and LNG trading opportunities, according to Meritz Securities analysis.
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Korea Gas Corp. saw Q2 operating profit fall 13.1% to 404.6 billion won as increased subsidies for vulnerable groups and lower wholesale returns weighed on margins, despite a 1.9% revenue rise.
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