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
Project outline
Kind |
Content |
Project |
Construction of low-carbon ammonia distribution infrastructure (Pilot and Main project) |
Capacity |
[Pilot] Infrastructure for 300K ton/year
[Main] Construction of terminals and pipeline for four regional bases
|
Duration |
[Pilot] `22~`25(Construction), `26~(Operation)
[Main] `23~`28(Construction), `29~(Operation)
|
[Korea-UAE Low-carbon hydrogen¡¤ammonia Joint Study Agreement (`22.01)]