Korea Gas Corporation (KOGAS) is positioning itself as a global leader in hydrogen by participating in all aspects of the hydrogen value chain, including production, supply, distribution, and consumption.
The company is investing early in the liquefied hydrogen market, which increases energy efficiency by reducing the volume of gaseous hydrogen and turning it into a liquid. To expand its hydrogen operations, KOGAS is establishing base gaseous hydrogen production facilities in Changwon and Gwangju and plans to create liquefied hydrogen production bases at its Pyeongtaek and Dangjin facilities.
KOGAS also aims to import green hydrogen from abroad to reduce greenhouse gas emissions and meet the international community’s goal of carbon neutrality. The South Korean government has set a target of importing 1.96 million tons of overseas green hydrogen by 2030, which is more than 50% of the country’s total import volume.
KOGAS is looking to source green hydrogen from Southeast Asia and Australia and is seeking large-scale water electrolysis and hydrogen liquefaction technology through strategic partnerships and mergers and acquisitions with global energy firms.
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The company is particularly interested in liquid hydrogen, which can hold much larger volumes than gaseous hydrogen due to its high energy density. KOGAS has signed a business agreement with US-based Matrix Service Company to develop large, liquefied hydrogen tanks and cargo holds and is also partnering with CB&I Storage Solutions to develop liquid hydrogen storage facility technology.
