Matrix Service Co. has signed a memorandum of understanding with Korea Gas Corporation (KOGAS) to support South Korea’s development of a hydrogen economy as it transforms itself from a natural-gas supplier to a hydrogen-platform operator.
The agreement provides the framework for the development of new technology to support onshore large-scale liquid hydrogen storage to support South Korea’s plans to achieve carbon neutrality by 2050. The agreement also supports development of solutions that will allow transportation of greater volumes of hydrogen by transport ship.
“Hydrogen is key to achieving our country’s net-zero carbon objectives, and KOGAS is happy to take a leading role in creating a solid foundation for this,” said Hee-Bong Chae, president and CEO of KOGAS. “We are proactively pursuing the development of new technologies and infrastructure for hydrogen shipping, storage, and distribution to meet mid- and long-term demands, and look forward to workin
