Arab Today, arab today state gas firm aims to cut 105tr won in debt by 2017
Last Updated : GMT 16:22:08
Arab Today, arab today
Arab Today, arab today

State gas firm aims to cut 10.5tr won in debt by 2017

Arab Today, arab today

Arab Today, arab today State gas firm aims to cut 10.5tr won in debt by 2017

Seoul - Yonhap

South Korea's state-run gas corporation said Sunday that it aims to slash 10.5 trillion won (US$9.9 billion) in debt by 2017 through asset sales and the reorganization of business operations. Korea Gas Corp. (KOGAS) said 8.2 trillion won will be cut by revising projects under way at home and abroad, with sales of assets contributing 800 billion won.

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