Companies & Finance

Kogas boosts gas sales by 13.4% after cold weather

South Korea’s state-run Kogas increased its gas sales by 13.4% year on year in February, to 4.07 mt, driven by below-average winter temperatures.
By Staff reporter 9 March 2018 0 29943

South Korea’s state-run Kogas increased its gas sales by 13.4% year on year in February, to 4.07 mt, driven by below-average winter temperatures, according to a stock exchange filing on Friday.

The company sold 1.53 mt for power generation, up by 16.5%, while household and commercial sales came to 2.54 mt, up by 11.6%.

The company sold a total of 8.95 mt in the first two months of 2018, up by 17.1% from a year ago, when it sold 7.64 mt.