KEYFACT Energy
Contacts
GS Energy Corporation
Yeoksam-dong GS Tower
508, Nonhyeon-ro, Gangnam-gu
Seoul
Tel: 822 2005 0800
GS Energy
Description
GS Energy was incorporated on January 3, 2012 as a result of GS Holdings' spinoff of GS Caltex, its refining, marketing, chemicals and transportation arm, creating a new independent Korean energy company.
Subsequently, GS Energy assumed the high growth businesses previously operated by GS Caltex including, exploration & production and renewable energy operations. Further, by acquiring GS Caltex’s electric & gas utilities operations, GS Energy has solidified its position as an integrated energy-specialized holding company.
The company's upstream businesses include the development of oil & gas projects across the globe, from the Middle East to the Americas and Southeast Asia. Further downstream, GS Energy is currently constructing a Liquefied Natural Gas (LNG) terminal in South Chungcheong Province to optimize value chain integration and to ultimately provide a steady flow of electric power and gas to customers through various subsidiaries and affiliates.