SK Gas Cup

Emerson Chosen as Automation Partner for World’s Largest Hydrogen Refueling Station for Commercial Vehicles

Retrieved on: 
Thursday, December 1, 2022

Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emersons (NYSE: EMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the worlds largest hydrogen refueling station for commercial vehicles.

Key Points: 
  • Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emersons (NYSE: EMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the worlds largest hydrogen refueling station for commercial vehicles.
  • The JeonjuPyeonghwa Hydrogen Refueling Station is the first of 35 high-capacity gas and liquid hydrogen refueling stations KOHYGEN plans to construct across Korea by 2025.
  • To further lay the foundation for a stable hydrogen supply chain, Emerson and KOHYGEN are collaborating on technical standards for future high-capacity commercial refueling stations and similar projects.
  • Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the worlds essential industries.

C-Zero Closes $34 Million Financing Round Led by SK Gas to Build Pilot Natural Gas Decarbonization Plant

Retrieved on: 
Thursday, June 16, 2022

C-Zero Inc. , a clean energy company that has developed a technology for natural gas decarbonization, announced today that it has closed a $34 million dollar financing round led by SK Gas, a subsidiary of South Koreas second-largest conglomerate, the SK Group.

Key Points: 
  • C-Zero Inc. , a clean energy company that has developed a technology for natural gas decarbonization, announced today that it has closed a $34 million dollar financing round led by SK Gas, a subsidiary of South Koreas second-largest conglomerate, the SK Group.
  • The funding will be used to build C-Zeros first pilot plant, which is expected to be online in Q1 2023.
  • The plant will be capable of producing up to 400kg of hydrogen per day from natural gas with no CO2 emissions.
  • Natural gas provides a quarter of the worlds energy, so the scale of the opportunity ahead of us is enormous.

Energy Transfer Signs LNG Sale and Purchase Agreement With SK Gas Trading LLC

Retrieved on: 
Tuesday, May 3, 2022

Energy Transfer LP (NYSE: ET) today announced the execution of a long-term Sale and Purchase Agreement (SPA) with SK Gas Trading LLC (SK Gas) for the supply of 0.4 million tonnes per annum (mtpa) of LNG from Energy Transfers Lake Charles LNG export facility.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced the execution of a long-term Sale and Purchase Agreement (SPA) with SK Gas Trading LLC (SK Gas) for the supply of 0.4 million tonnes per annum (mtpa) of LNG from Energy Transfers Lake Charles LNG export facility.
  • Under the SPA, Energy Transfer LNG Export, LLC (Energy Transfer LNG) will supply LNG to SK Gas on a free-on-board (FOB) basis.
  • The SPA will become fully effective upon the satisfaction of the conditions precedent, including Energy Transfer LNG taking final investment decision (FID).
  • We are excited to announce SK Gas as our first Korean offtake customer, said Tom Mason, President of Energy Transfer LNG.