LPG Archives | Be Korea-savvy
Gov’t to Build LPG Supply Systems at Island Villages Nationwide

Gov’t to Build LPG Supply Systems at Island Villages Nationwide

SEOUL, April 1 (Korea Bizwire) — The Ministry of the Interior and Safety said Thursday it will carry out a five-year plan to establish liquefied petroleum gas (LPG) distribution facilities for 31 islands and 4,200 households across the country. With a budget of 45.4 billion won (US$37.3 million), the project is aimed at installing storage [...]

Korea Shipbuilding to Develop Liquefied Hydrogen Tanks for Ships

Korea Shipbuilding to Develop Liquefied Hydrogen Tanks for Ships

SEOUL, Sept. 6 (Korea Bizwire) — Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it will develop liquefied hydrogen tanks for ships alongside top steel maker POSCO. Korea Research Institute of Ships and Ocean Engineering (KRISO) and liquefied hydrogen tank maker Hylium Industries Inc. will also participate in the project to develop the tanks, [...]

S. Korean Automakers Scramble to Compete over LPG Vehicles

S. Korean Automakers Scramble to Compete over LPG Vehicles

SEOUL, Mar. 18 (Korea Bizwire) — Hyundai, Kia, and Renault Samsung are scrambling to compete in the liquified petroleum gas (LPG) vehicle market that has recently been made available to ordinary consumers. Hyundai Motor Co., in particular, decided to release an LPG model of the all-new Sonata. The company, however, decided against selling the new [...]

Everest, ID2020 and the Government of Indonesia (TNP2K Secretariat) Announce Innovative Identity and Blockchain Pilot Solution to Enhance the National LPG Subsidy Program

Everest, ID2020 and the Government of Indonesia (TNP2K Secretariat) Announce Innovative Identity and Blockchain Pilot Solution to Enhance the National LPG Subsidy Program

SAN DIEGO, Sept. 16 (Korea Bizwire) — Everest, the first platform to combine biometric identity with a digital wallet, announced today that it is partnering with Indonesia’s TNP2K (National Team for the Acceleration of Poverty Reduction) to conduct a pilot in selected regions to enhance the efficiency, accountability, transparency, and gender inclusivity of the National [...]

Government Considers Easing Regulations on LPG-Powered Cars Amid Fine Dust Concerns

Government Considers Easing Regulations on LPG-Powered Cars Amid Fine Dust Concerns

SEOUL, April 26 (Korea Bizwire) – The South Korean government is planning to ease regulations on liquid petroleum gas-powered vehicles to combat fine dust, miniscule airborne particles that have recently been the centerpiece of national health concern.  Currently, LPG vehicle purchases are limited to drivers with disabilities and individuals of national merit, with the exception [...]

Diesel Consumption Hits Monthly Record in May

Diesel Consumption Hits Monthly Record in May

SEOUL, July 14 (Korea Bizwire) – South Korea’s diesel consumption hit a monthly record in May, state statistics showed Thursday, an indication that diesel-powered cars are still dominant over electric and hybrid vehicles.  According to an informational website operated by state-run Korea National Oil Corp. (KNOC), South Korea consumed a record 14.31 million barrels of [...]