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,〆Global energy company leading Energy Security and Net-Zero〇, 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)]
[Korea-UAE Low-carbon hydrogen,ammonia Joint Study Agreement (`22.01)]