Korea Gas Corp. (Kogas) broke ground for the construction of its production base in Gwangju in March 2023 that could help it supply 1.03 million tons of hydrogen in 2030.
Of that volume, the company will supply 830,000 tons of hydrogen annually on its own in 2030 and import 200,000 tons of green hydrogen from Southeast Asia and Australia in 2030.
Such a volume could power 10,000 units of hydrogen cars.
The production base encompasses hydrogen production bases, hydrogen charging stations, and overseas hydrogen production facilities and produces over four tons of hydrogen a day by utilizing natural gas supplied through pipes.
Kogas also plans to build hydrogen utilities in provincial regions, including Changwon in South Gyeongsang Province and Pyeongtaek in Gyeonggi Province.
The base in Pyeongtaek would be South Korea’s first carbon-neutral hydrogen mega-station platform.
The plan is to send natural gas to the hydrogen extraction base in Pyeongtaek to produce gaseous hydrogen and liquefy it, using LNG cold heat of minus 160 degrees Celsius, before supplying it to hydrogen vehicles.
Kogas is also planning to build 152 charging stations by 2030 and utilize clean hydrogen by utilizing Jeju Island’s abundant wind power to make it the world’s first hydrogen-centered green island.


BSP Sees Philippine Inflation Easing, Keeps Policy Options Open
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets
Shein Targets $26B-$27B Valuation for Hong Kong IPO
J.P. Morgan Upgrades SanDisk, Sets $2,250 Price Target on AI NAND Growth
Foreign U.S. Treasury Holdings Fall as Japan, UK and China Cut Positions
Yen Edges Higher as Weak US Data Dampens Fed Rate Hike Expectations
Nvidia’s $500 Billion AI Infrastructure Push Wins Morgan Stanley Support
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside
Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3
NAB Q3 Cash Earnings Rise 2% as Lower Credit Charges Boost Profit
US Stock Futures Steady as Cooling Inflation and Strong Earnings Support Markets
Synlait Milk Denies Fonterra, a2 Milk Takeover Talks
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations
Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion 



