Moody's: Korea Gas Corporation unaffected by potential investments in Mozambique LNG project
Hong Kong, January 19, 2017-- Moody's Investors Service says that Korea Gas Corporation's credit quality will not be immediately affected by its decision to invest in the Area 4 Coral South floating liquefied natural gas project in Mozambique. "The investment is of a manageable size and is unlikely to signal an aggressive expansion by Kogas in exploration and production projects overseas," says Mic Kang, a Moody's Vice President and Senior Analyst. On 18 January, Kogas' board of...
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