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![From left, Korean Industry Minister Kim Jung-kwan, Korea Gas Corporation (Kogas) President and CEO Choi Yeon-hye, JERA CEO Yukio Kani, and Japanese Economy and Trade Minister Ryosei Akazawa pose after signing an liquefiied natural gas supply cooperation agreement between Kogas and JERA. [KOGAS]](https://image.koreajoongangdaily.com/12608074.jpg?imageId=12608074&width=240&height=184&format=webp&format=jpg)
![Prices of electricity and gas may rise faster than originally expected next month as the Korean government considers increasing prices due to Russia's cut of energy supplies. Gas meters and electricity meters are seen outside of a house in Seoul on Monday. [YONHAP]](https://image.koreajoongangdaily.com/10394180.jpg?imageId=10394180&width=240&height=184&format=webp&format=jpg)