Low-Carbon Hydrogen¡¤Ammonia Project
																	Background of the project
																	Ammonia is easy to store and transport by liquid phase because of similar properties to LPG, and it can be used not only as a hydrogen carrier but also as a low-carbon fuel. For this reason, low-carbon ammonia is expected to play a key role in achieving the goal of Net-Zero and realizing the Hydrogen Economy.
																	
																	Where are we now?
 
																	Along with a new vision,¡ºGlobal energy company leading Energy Security and Net-Zero¡», KNOC is promoting to import, stockpile and distribute low-carbon hydrogen¡¤ammonia utilizing their E&P and oil stockpiling&distribution business capabilities. 
																		- Securing overseas suppliers utilizing networks with major oil&hydrogen producing countries.
																		- Securing overseas production fields utilizing E&P business capabilities.
																		- Constructing hub terminals and stockpiles utilizing oil stockpiling and distribution business capabilities.
																	
																	Project outline
																	
																		
																			
																			
																		
																		
				
																			 
																				| Kind | 
																				Content | 
																			
																			
																				| Project | 
																				Construction of clean ammonia infrastructure and oversea production project | 
																			
																			
																				| Capacity | 
																				
																					[Domestic Infrastructure] Construction of terminals for clean ammonia 1million ton/year 
																					[Oversea production] Clean ammonia production for 800K ton/year
																				 | 
																			
																			
																				| Duration | 
																				 
																					[Domestic Infrastructure] '22~'27(Construction), '28~(Operation)  
																					[Oversea production] '22~'27(Construction), '28~(Operation)
																				 | 
																			
																		
																	
																	 
																					
																					[MOU "A strategic partnership for clean hydrogen and ammonia development"(¡®22.01)]