Recently, amid the announcement of the government's East Sea gas pipeline development plan, the stock price of Korea Gas Corporation surged. However, it sparked controversy as it was revealed that several executives of the company sold a large amount of shares. According to the financial supervisory service system disclosed on the 10th, four executives of Korea Gas Corporation reported that they sold their held shares on the market for two days on the 5th and 7th. Director Hong and Director Lee each disposed of 25 and 26 shares on the 5th, amounting to 200 million won and 930 million won, respectively. Two days later on the 7th, Director Kim and Director Jung sold 29 shares worth 118 million won and 294 shares worth 1.18 billion won, respectively. Following these sales, it was noted that there was buying and selling, and the stocks related to the East Sea pipeline surged by theme. Korea Gas Corporation was no exception, as its stock price, which had been hovering around the 20,000 won range for several months, hit the daily limit increase on the first day of the announcement on the 3rd.

Until yesterday, it had risen by about 48% over the past six trading days. The day when these executives started selling stocks was the day when the Ministry of Trade, Industry and Energy and Korea National Oil Corporation announced that they would start exploring the Great Whale Project as early as November. On the following 7th day, a briefing by Victor Abreu Tzij, a consultant, took place.

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