Hong Kong, April 27, 2015 -- Moody's Investors Service says that lower liquefied natural gas (LNG) prices will benefit Korea Electric Power Corporation (KEPCO, Aa3 positive), Korea Gas Corporation (Kogas, Aa3 positive) and the heating business of Korea District Heating Corporation (KDHC, A1 stable), all of which are majority owned by the Korean government (Aa3 positive). But the lower prices will hurt power generation companies because they will lead to lower wholesale electricity prices and narrow profit margins.
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