Gas Corporation Expands New B2C-Focused Businesses, Including Hydrogen Business



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Build a hydrogen-LNG convergence charging station and invest in fuel cells
President Chae Hee-bong Emphasizes Five Key Tasks For New Year’s Librarians

▲ Chae Hee-bong, President of Korea Gas Corporation
[지앤이타임즈 송승온 기자] Korea Gas Corporation President Chae Hee-bong said in his New Year’s speech on the 4th that “2021 is a new starting point for becoming a company for the next 100 years.”

President Chae said, “In the past year, Gas Corporation achieved many rewards despite the unprecedented Corona 19 situation and various internal and external difficulties. ▲ Expand the natural gas supply chain and successfully establish individual rate plans ▲ Promote new businesses such as hydrogen and LNG fueling ▲ GHG reduction and regional win-win Representative achievements were realization of social values ​​such as cooperation and shared growth.

At the same time, in 2021, it is necessary to lay the foundation for sustainable growth as a future major company by responding quickly to the rapidly changing internal and external business environment, such as the reorganization of energy-focused and environmentally friendly global market trends. environment, low long-term oil prices and changes in financial market liquidity, and the declaration of carbon neutrality around the world. Emphasized.

President Chae ▲ bold and proactive investment in the hydrogen business ▲ large-scale promotion of new energy businesses such as LNG sourcing and cold heat ▲ Achieve a Net Zero (carbon neutral) company by 2045 ▲ Conversion of work methods focused on digital and organizational innovation ▲ Realization of social values ​​in 2021 It was declared as the five central tasks to promote.

First, KOGAS has established a vision and strategy for the hydrogen business and established a hydrogen commercial headquarters, expand the new B2C-focused LNG business such as economical hydrogen production and supply, build a charging station of hydrogen-LNG convergence and establishes an organization dedicated to the production and introduction of green hydrogen abroad. Investing in the hydrogen fuel cell business, developing core hydrogen technologies (electrolysis and water liquefaction), and bold mergers and acquisitions will lay the foundation for future growth.

Furthermore, we strive to generate new profits by rapidly promoting the LNG / cold heat sourcing business and the overseas GTP (Gas to Power Project) business, while actively responding to the recent global climate change policy to become a company that achieves carbon neutrality by 2045. Implement the management possible.

In addition, in line with the diffusion of smart work and the acceleration of the digital economy thanks to Corona 19, we will promote the project of ‘KOGAS type digital transformation’ in all directions and the cooperation of mutual benefit with local communities and small and medium-sized enterprises as a ‘people’s happiness partner to achieve the well-being of clean energy’. It plans to create social value by actively implementing green energy supply projects.

Chairman Chae said: “We will soon announce the ‘KOGAS Vision 2030’ covering these plans. Let us share a new vision with all employees and work together to deliver better value to people and shareholders.”

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