Gas Corporation “Bad and preemptive investment in hydrogen business”

President Chae Hee-bong, “2021 is the first year of a company leap for the next 100 years”

▲ Chae Hee-bong, President of Korea Gas Corporation
▲ Chae Hee-bong, President of Korea Gas Corporation

[에너지신문] Korea Gas Corporation has set up a hydrogen business headquarters and a dedicated organization for the production and introduction of overseas green hydrogen, and makes a bold and preemptive investment in hydrogen business.

Korea Gas Corporation President Chae Hee-bong said in his New Year’s address on the 4th, “2021 is a new starting point to become a company for the next 100 years.”

In particular, President Chae △ bold and preemptive investment in hydrogen business △ Full-scale promotion of new energy business such as LNG bunkering and cold heat △ Achieving a Net Zero (carbon neutral) company in 2045 △ Transformation of digital-oriented working methods and organizational innovation △ Realization of social values ​​in 2021 It was declared as the five core tasks to be promoted in the future.

CEO Chae said, “Last year, the Gas Corporation achieved a lot of fruit despite the unprecedented Corona 19 situation and various internal and external difficulties.” · The realization of social values ​​such as shared growth was cited as a representative achievement.

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

Starting with the establishment of the hydrogen business vision and strategy and the establishment of the hydrogen business headquarters, the 5 core tasks and related gas corporations expand B2C-centered LNG new business, including the establishment of economical hydrogen production and supply, hydrogen and LNG convergence charging stations, and overseas green hydrogen production and introduction. It is planning to lay the foundation for future growth through the establishment of a dedicated organization for the company, investment in the hydrogen fuel cell business, development of core hydrogen technology (water electrolysis and liquefaction), and bold M&A.

In addition, we strive to generate new profits by rapidly promoting the LNG bunkering and cooling and heating business and 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 in 2045. Expand management.

In addition, in line with the spread of smart work and acceleration of the digital economy due to Corona 19, we will promote the’KOGAS-type digital transformation’ project in all directions, and win-win cooperation with local communities and small and medium-sized companies as a’people’s happiness partner realizing clean energy welfare’. It plans to create social value by actively implementing eco-friendly energy supply projects.

President Chae said, “We will soon announce the’KOGAS Vision 2030′ covering these plans. Let’s all employees share a new vision and work together to provide better value to the people and shareholders.”

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