Beijing Gas, a Chinese gas supplier, has entered into an agreement with SK E&S, the South Korea’s green energy company, for the development of LNG and hydrogen projects in China.
The agreement refers to LNG business, blue and green hydrogen production, as well as fuel cell power generation. Both companies agreed to share operational know-how for major assets such as LNG terminals in China and to work together for LNG imports and natural gas sales.
They have also agreed to work in hydrogen field. They plan to produce blue hydrogen by applying carbon capture, storage and utilisation (CCUS) technology using the Tianjin LNG terminal under construction by Beijing Gas Group, and to produce green hydrogen in connection with a new renewable energy project.
They have also agreed to blend hydrogen into natural gas pipelines owned by the Beijing Gas Group. Building a hydrogen fuel cell power plant is also considered as part of the deal.
Tags: Beijing, Blue Hydogen, Import, LNG, SK E&S
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