It was revealed today (May 25), large-scale liquid hydrogen storage is set to be explored in South Korea, after McDermott’s CB&I partners with Korea Gas Corporation (KOGAS).
KOGAS has grown to operate four liquid natural gas (LNG) regasification terminals and 4,945km of natural gas pipelines in South Korea.
Last year, the South Korean Government announced plans to hit Net Zero by 2050, replacing coal-fired power generation with renewable sources and fossil fuelled vehicles with hydrogen-powered and battery-based electric vehicles.
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