Monday, July 22, 2019
KOGAS and ExxonMobil to Cooperate on Energy Research and Technology Development
To Lead Global Energy Industry
KOGAS and ExxonMobil to Cooperate on Energy Research and Technology Development
  • By Kim Eun-jin
  • June 18, 2019, 11:55
Share articles

Kim Young-doo (third from left), acting CEO of KOGAS poses for a photo shoot with a technical advisor of ExxonMobil of the United States among other people after signing an agreement on research on energy and technological development in Karuizawa, Nagano of Japan on June 15 (local time).
Kim Young-doo (third from left), acting CEO of KOGAS, poses for a photo shoot with a technical advisor of ExxonMobil after signing an agreement on energy research and technology development in Karuizawa, Nagano of Japan on June 15 (local time).

Korea Gas Corp. (KOGAS) announced on June 17 that the company has signed an energy research and technology development agreement with ExxonMobil, a U.S. energy company. The two companies concluded the agreement on the occasion of the G20 Environment and Energy Ministerial Meeting held in Karuizawa, Nagano, Japan from June 15-16.

The two companies agreed to build close relationships in sustainable energy and energy efficiency technologies and other common areas of interest.

"We will strengthen our cooperation with ExxonMobil, the largest energy company in the world, in preparation for global energy transformation. It will be a good opportunity to lead the future energy industry," a KOGAS official said.

KOGAS and ExxonMobil have been expanding exchanges since signing an R&D MOU on natural gas and new energy technology in 2015.