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Korea gas, petroleum firms to merge as resource development concerns mount

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  • Korea Gas Corporation and Korea Petroleum Industries are set to merge into Energy Resources Corporation.
  • 254 million tons of annual LNG export capacity will be added worldwide between 2025 and 2030.
  • Korea Petroleum Corporation has had liabilities exceeding assets since 2020, according to the report.
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Korea gas, petroleum firms to merge as resource development concerns mount - CoinPost Terminal