SEOUL: Korea Gas Corp ( KOGAS) will invest 5.87 trillion won ($4.91 billion) in the Iraqi Zubair oil development and production business, the state-run South Korean gas company said in a filing to the stock exchange.
This investment is part of the total $19.4 billion capital expenditure required for the project, the company said, adding it had invested $370 million in the first half of 2015.