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.


Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery
Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low
Gold Price Drops to Eight-Month Low as Fed Rate Hike Bets Weigh on Bullion. Source: Photo by Michael Steinberg via Pexels
India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures
Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets
Morgan Stanley Names BAE Systems Top European Defence Stock Despite Lower Price Target
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 



