[Asia Economy Reporter Ji Yeon-jin] SK Gas announced on the 4th that it has signed a joint coal supply agreement with GS Global through the joint venture G-Energy and plans to supply coal to Goseong Green Power via G-Energy. The company had previously signed a coal supply contract with Goseong Green Power on December 27, 2016.


SK Gas stated, "Based on the existing coal supply contract with Goseong Green Power, our company and G-Energy will jointly exercise rights as suppliers, and our company will receive fees related to the joint coal supply exercise from G-Energy," adding, "even after signing the joint coal supply agreement, our contractual position and other matters related to the existing coal supply contract with Goseong Green Power will be maintained."


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The joint venture period with GS Global is until the end of 2025, with a policy to decide annually whether to extend the term.


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