Korea Gas plans to win benefits from its current business as it shifts to a future focused on hydrogen. The company which is one of the world’s largest liquefied natural gas importers is joining several global energy majors like BP in pushing the case for hydrogen.
Also known as Kogas, the company expects to begin green hydrogen imports from 2027, and intends to invest in production of the zero-emissions fuel in places including Australia and the Middle East, as it currently does with LNG.
According to Kogas, the proposal would require more than a million tonnes of hydrogen and reduce South Korea’s greenhouse gas emissions by 7.5 million tonnes.
By 2026, Kogas plans to complete demonstration projects to blend 20 per cent of hydrogen into the existing gas pipeline across South Korea and would aim to keep increasing the proportion.
Kogas is aslo in discussions with local shipbuilders to develop liquid hydrogen vessels and is also working on technologies for storage tanks.
Tags: BP, Hydrogen, Korea Gas, LNG, Natural Gas
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