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MoU looks to develop large-scale liquid hydrogen storage in South Korea
MoU looks to develop large-scale liquid hydrogen storage in South Korea

MoU looks to develop large-scale liquid hydrogen storage in South Korea

A US-based firm has signed a Memorandum of Understanding (MoU) with Korea Gas Corporation (KOGAS) to support the develop of onshore large-scale liquid hydrogen storage in South Korea.

Matrix Service Company revealed today (August 8) that the MoU hopes to provide framework for the development of new liquid hydrogen storage technology to support South Korea’s plans of achieving carbon neutrality by 2050.

Additionally, the agreement plans to support developments that could allow greater volumes of hydrogen to be transported onboard ships, leveraging on Matrix’s experience with cryogenic storage tank and terminal solutions.

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