Ulsan Port Corporation (UPA)and Korea Petroleum Corporation (KNOC) held a Feasibility Service Business Agreement ceremony in the conference room on the 12th floor of Ulsan Port Marine Center on the 11th to build a clean hydrogen and ammonia terminal at Ulsan New Port.
The main scope of the service is △Ammonia domestic demand analysis △Ammonia production and introduction △Domestic distribution method and strategic stockpiling scheme, etc.
“Hydrogen will increase in the future, ” said Chung Chang-kyu, Director of Operations at UPA.In view of ammonia demand and import plans, the port terminal for hydrogen imports is a key infrastructure for the carbon-neutral and hydrogen economy.”It will be a stepping stone to expand the ammonia terminal business into two stages and a foundation on which Ulsan Port can be established as a ‘green energy logistics leading hub port’that aims to be carbon neutral.”
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