Kogas, STX ink LNG cooperation deals with Mexico

摘要

Seoul'State-owned Korea Gas Corporation and South Korea's STX Group have signed agreements with Mexican oil company Pemex for increased cooperation in the LNG sector, the North Asian country's energy ministry said July 5. Kogas signed a deal with PemexGas, a subsidiary of the state-owned oil monopoly, to supply LNG via an import terminal to be built at Lazaro Cardenas. Under the plan, Kogas and Pemex would also share information on gas pricing formulas and gas pipeline fees, South Korea's Knowledge Economy Ministry, whose portfolio includes energy, commerce and industry, said.