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Energy
Korea and Qatar discuss measures for strengthening energy supply chain
Trade, Industry and Energy Minister Bang Moon Kyu met with Qatar’s Minister of State for Energy Affairs Saad Sherida Al-Kaabi on September 27 at the Four Seasons Hotel Seoul on the occasion of the latter’s first visit to Korea in four years, to discuss measures for strengthening the two countries’ energy and shipbuilding supply chain, including LNG and LNG carriers, renewable energy, hydrogen and ammonia. date2023-09-27
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Energy
Korea and Qatar discuss measures for strengthening energy supply chain
Trade, Industry and Energy Minister Bang Moon Kyu met with Qatar’s Minister of State for Energy Affairs Saad Sherida Al-Kaabi on September 27 in Seoul on the occasion of the latter’s first visit to Korea in four years, to discuss measures for strengthening the two countries’ energy and shipbuilding supply chain. Even amid uncertainties across the global energy market, Korea and Qatar have maintained cooperative relations as mutually largest LNG trading partners, their bilatera date2023-09-27
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Energy
Korea partners with Vietnam and Uzbekistan on four carbon emission reduction projects
The Ministry of Trade, Industry and Energy (MOTIE) held the ceremony on September 25 for the signing of a memorandum of understanding (MOU) on international projects aiming to reduce greenhouse gases (GHG) at the Korea Trade-Investment Promotion Agency (KOTRA) in the presence of Minister for Trade Dukgeun Ahn and Vietnamese Ambassador to Korea Nguyen Vu Tung, and representatives of relevant affiliations. The abovementioned international projects will support facility investments for Korean com date2023-09-26
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Energy
Korea holds Nuclear Energy Ecosystem Expo 2023
The Ministry of Trade, Industry and Energy (MOTIE) held the Nuclear Energy Ecosystem Expo 2023 on September 19 at COEX in Seoul, which attracted approximately an all-time high 1,000 visitors and participants, including buyer companies like Korea Hydro & Nuclear Power (KHNP) and Doosan, and 12 public institutions, 45 SMEs and middle-market companies, as well as university students and job seekers. KHNP presented a plan for the massive injection of new jobs for the construction of Shin Hanul date2023-09-19
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Energy
World's largest secondary battery safety center officially opens in Samcheok
The Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE) announced that they will begin full-scale operations of the world's largest (30MW) secondary battery fire safety evaluation center equipped with secondary battery fire testing facilities in Samcheok, Gangwon Province. The 30MW testing facilities can conduct fire tests on a scale comparable to that of four electric vehicles, with each having an estimated capacity of 7MW. As part of the date2023-09-18
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Energy
Korea to launch first test navigation of container ship powered by bio marine fuel
The Ministry of Trade, Industry and Energy (MOTIE) and the Ministry of Oceans and Fisheries (MOF) announced on September 15 that they will test navigate international container ships filled partially with bio marine fuel starting today and throughout the first half of 2024. The first test navigation vessel is HMM’s Hyundai Tacoma leaving Busan on September 15 at 8 p.m. heading for Paranaguá, Brazil, 30 percent of its fuel filled with biodiesel supplied by GS Caltex. The plan is to date2023-09-15
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Energy
Korea holds H2 MEET 2023
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 13 that the world’s largest hydrogen exhibition H2 MEET 2023 is held through September 13-15 at the Korea International Exhibition Center (KINTEX) in Ilsan, Gyeonggi Province. H2 MEET 2023 introduces outstanding products and technologies in areas of hydrogen production, storage, transportation and utilization developed by 303 companies and institutions from 18 countries around the world. The exhibition features mo date2023-09-14
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Energy
Korea and Western Australia discuss measures for stronger energy supply chain cooperation
The Ministry of Trade, Industry and Energy (MOTIE)’s Vice Minister Kang Kyungsung met with Western Australia’s Premier Roger Cook on September 8 in Seoul to discuss measures for cooperation in energy areas like CCS (carbon capture and storage), clean hydrogen, ammonia, green steel, critical minerals, and natural gas, as well as a Korea-Western Australia memorandum of understanding (MOU) in energy cooperation. date2023-09-11
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Energy
Korea and Western Australia discuss measures for stronger energy supply chain cooperation
The Ministry of Trade, Industry and Energy (MOTIE)’s Vice Minister Kang Kyungsung met with Western Australia’s Premier Roger Cook on September 8 in Seoul to discuss measures for cooperation in energy areas like CCS (carbon capture and storage), clean hydrogen, ammonia, green steel, critical minerals, and natural gas, as well as a Korea-Western Australia memorandum for understanding (MOU) in energy cooperation. A number of Korean firms like SK E&S and GS Caltex plan to carry out date2023-09-11
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Energy
Korea opens first hydrogen charging station for construction & industrial equipment
The Ministry of Trade, Industry and Energy (MOTIE) held the completion ceremony on September 6 for Korea’s first hydrogen charging station built exclusively for construction and industrial machinery at the Korea Construction Equipment Technology Institute (KOCETI)’s comprehensive testing center. MOTIE noted that the completion of this charging station will accelerate the distribution of hydrogen mobility in the market for off-road special equipment such as excavators and forklift tr date2023-09-07