LNG tanks Archives | Be Korea-savvy

POSCO to Expand LNG Storage Tanks in S. Korea

SEOUL, Feb. 22 (Korea Bizwire) — POSCO Group, South Korea’s top steelmaking group, said Tuesday it plans to spend 750 billion won (US$627 million) in expanding LNG storage tanks in the country. Along with its energy affiliate POSCO Energy Co., POSCO will add three 200,000-kiloliter LNG storage tanks near the existing LNG storage complex in [...]

U.N. Maritime Agency OKs POSCO’s Steel for LNG Tanks

SEJONG, Dec. 9 (Korea Bizwire) — The U.N. maritime agency has approved guidelines on the application of POSCO’s steel product, officials said Friday, paving the way for global sales of high manganese austenitic steel for liquefied natural gas (LNG) tanks. The International Maritime Organization (IMO) made the decision in favor of POSCO’s steel for cryogenic [...]