As the impact of the gas industry on the overall economy and people’s life grows, KOGAS is putting emphasis on its ties with other companies and communities. The significance lies in a mutually essential relationship for the growth of KOGAS beyond the mere extension of assistance. 

“Therefore, our approach to this has been passionate in the perspective of ‘growth,’ unlike other companies that tend to consider social contribution and mutual growth as a way of supporting others or doing some charity work.” the company said. “Likewise, the materiality of mutual growth was ranked fifth and that of social contribution to community was ranked sixth in the materiality test of stakeholders.”

The company has conducted the KOGAS Onnuri Project to improve heat efficiency since 2010 to achieve “Energy welfare” and raise the quality of life for “The energy poor” and the socially vulnerable. Over 2 billion won has been injected every year to improve heating efficiency for low-income households and welfare facilities for the improvement in heating, insulation, window replacement and flooring. Improvements have been made in heat efficiency of houses for the underprivileged, including 663 lower-income households and 389 social welfare facilities by 2014. 

“We enabled social enterprises to take part in the construction to contribute to job creation and energy saving, thus raising the efficiency in social investment.” the company said. 

As Korea’s representative public energy corporation, KOGAS conducts a project to subsidize heating fees for the underprivileged. That program is called Waiver of Gas Fees for the Underprivileged. In 2014, gas fee discounts worth 65.5 billion won were offered to 865,000 households of social minority, up about 42 percent from 48.2 billion won in 2013, while 3 billion won was donated to 22,542 social welfare facilities. 

“We also tried to share warm-heartedness to many neighbors by suspending the gas supply cut-off even if gas fees are not paid during winter for basic livelihood security recipients and the near-poverty class.” the company says.  Another initiative is the One Company One Hope Village Project, whereby KOGAS supplies essential goods for winter, including blankets and sleeping bags, to local residents. 

Such donations have been made to residents in jjokbangchon, or “Cell towns” for the many cubicle-sized dwellings in Dongdaemun from 2010 through 2014. Winter goods were extended to residents in jjokbangchon in Daegu this year.

KOGAS has initiated projects to discover and develop small-and medium-sized suppliers that are sound and competitive. 

“To this end, we have assisted them in developing new technologies in the natural gas field, tap onto sales channels at home and abroad and enhance competitiveness in quality.” according to the company. 

In 2014, KOGAS put in place a mid- and long-term road map to foster and manage small- and medium-sized suppliers in an effective and continuous manner, and set and executed a system for shared growth consisting of four strategic directions and 12 tasks for execution. As a result, KOGAS was selected by the Ministry of Trade, Industry and Energy as a “Favorable company” in the shared growth evaluation.

KOGAS has proactively advanced its Advancement into Overseas Project initiative with SME Partners 

“We support them to enhance their global competitiveness by assisting them to make inroads into hard-to-enter overseas market.” they said. 

In 2014, KOGAS’ SME partners took part in 11 projects with 89 companies in seven countries, expanding overseas channels even further: Manzanillo LNG Terminal Project in Mexico, AKKAS Gas Field Development Project in Iraq, DGS South Project in Iraq, Maputo Pipe Operation Project in Mozambique; and Kirkuk EPC Project on Pipes in Iraq. 

KOGAS engages in the production and distribution of natural gas, and in 2011 was the world's largest importer of liquefied natural gas. The company is the sole provider of LNG for Korea, operating three terminals and a nationwide pipeline network.

The company's business scope also includes natural gas exploration and production, with gas field development projects in Myanmar, Canada, Russia, Africa, Australia, Indonesia, Uzbekistan and others in 2011. In 2010 KOGAS revised its Articles of Association and reported plans to enter into a new business — the exploration, production and sale of crude oil, mainly targeting Iraq.