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Korean company keen to invest in Nagaland

By Correspondent
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DIMAPUR, Sept 25 - World�s second biggest liquefied natural gas (LNG) importer, Korea Gas Corp (KOGAS), a South Korean company, has shown keen interest to explore opportunities in Nagaland and ink agreement for possible investment in limestone and also develop LNG export unit in the State as transit point for export to ASEAN countries.

During a meeting with Nagaland Chief Minister TR Zeliang at his residential office in Kohima yesterday, BoSung Cessilia Park, president, Green Energy Inc Korea, expressed that Nagaland has huge limestone reserve in Mimi village of Kiphire district and also oil and gas fields in pockets of the State.

Giving a slide show presentation, she said, if MoU could be eventually signed, then Kogas can employ its large LNG carriers (NICKO ship) to export limestone to ASEAN countries through waterways, informed a CMO press release.

The crushed limestone is used for road base and railroad ballast. It is also used as raw material for cement plant and manufacture of glass.

Park said the company is engaged in import, refining and export and that Nagaland would be the best transit point to import, refine and supply of products from Middle East to South East Asia. She also suggested obtaining NOC from land owners and geological report as negotiation is being traded.

The CM suggested the delegates to conduct survey in November and also urged them to submit the concept note of the proposal and sample letters of Government of India favouring the joint venture. Kasi Lalith, Managing Director, Kaashi Visweshwar Minerals Pvt. Ltd, a partner of Kogas, informed the Chief Minister that Bangladesh and Malaysia have also agreed for business collaboration.

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Korean company keen to invest in Nagaland

DIMAPUR, Sept 25 - World�s second biggest liquefied natural gas (LNG) importer, Korea Gas Corp (KOGAS), a South Korean company, has shown keen interest to explore opportunities in Nagaland and ink agreement for possible investment in limestone and also develop LNG export unit in the State as transit point for export to ASEAN countries.

During a meeting with Nagaland Chief Minister TR Zeliang at his residential office in Kohima yesterday, BoSung Cessilia Park, president, Green Energy Inc Korea, expressed that Nagaland has huge limestone reserve in Mimi village of Kiphire district and also oil and gas fields in pockets of the State.

Giving a slide show presentation, she said, if MoU could be eventually signed, then Kogas can employ its large LNG carriers (NICKO ship) to export limestone to ASEAN countries through waterways, informed a CMO press release.

The crushed limestone is used for road base and railroad ballast. It is also used as raw material for cement plant and manufacture of glass.

Park said the company is engaged in import, refining and export and that Nagaland would be the best transit point to import, refine and supply of products from Middle East to South East Asia. She also suggested obtaining NOC from land owners and geological report as negotiation is being traded.

The CM suggested the delegates to conduct survey in November and also urged them to submit the concept note of the proposal and sample letters of Government of India favouring the joint venture. Kasi Lalith, Managing Director, Kaashi Visweshwar Minerals Pvt. Ltd, a partner of Kogas, informed the Chief Minister that Bangladesh and Malaysia have also agreed for business collaboration.

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