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,『Global 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)]