Korea Gas Corporation Gwangyang Branch Likely to Be Established

Commitment to Establish Administrative Support Cooperation by the End of 2024

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] On the 12th, Gwangyang City in Jeollanam-do announced that the Gwangyang branch of Korea Gas Corporation will be relocated and established from Suncheon City to the city-owned land near Jungdong City Hall.

On the 11th, a business agreement ceremony for the relocation and establishment of the Gwangyang branch was held in the mayor’s reception room, attended by Vice Mayor Kim Kyung-ho and Lim Chun-ho, Head of the Supply Headquarters of Korea Gas Corporation.

This agreement was signed as part of the construction of a ring network to prevent gas supply interruptions in case of emergencies in the Gwangyang area (including CGN Yulchon Power Plant), in accordance with the government’s 13th Natural Gas Supply Plan.

Through the agreement, a natural gas shutoff facility called Deokrye Management Office will be installed near Museon Village in Deokrye-ri, Gwangyang-eup, and the Korea Gas Corporation Gwangyang branch will be built in Jungdong.

Korea Gas Corporation will invest 8.5 billion KRW to construct a building with one basement floor and three above-ground floors (total floor area 1,835㎡) on site number 1361-1 and one other parcel (3,400㎡) in Jungdong, where 40 resident employees will work, aiming for completion in December 2024.

The city will complete the cancellation of road land use and land division for the city-owned land where the office building will be located by November, and Korea Gas Corporation will purchase the site by March 2022 at the appraised value.

Vice Mayor Kim Kyung-ho expressed gratitude to Head of Supply Headquarters Lim Chun-ho, saying, “Thank you for deciding to relocate and establish the Korea Gas Corporation branch, a public institution, in Gwangyang City. The city will actively cooperate and support administrative procedures such as land acquisition and various permits during the construction period of the Gwangyang branch.”

Lim Chun-ho, Head of Korea Gas Corporation, responded, “We are very grateful to Gwangyang City for introducing the site for the branch construction and for their active cooperation. Our executives and employees will strive to make the Gwangyang branch beneficial to the local community.”

Meanwhile, Korea Gas Corporation is headquartered in Daegu Metropolitan City and was established in August 1983 as a public institution to improve the convenience and welfare of the public through the supply of clean energy natural gas.

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

This content was produced with the assistance of AI translation services.