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Saudi Arabia to ship gas to South Korea and take CO2 back - News for the Oil and Gas Sector

Saudi Arabia to ship gas to South Korea and take CO2 back Saudi Arabia may ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide produced in the process will be transported straight back to the kingdom. by Bloomberg Updated: 05/03/2021, 7:57 am © Photographer: Marcelo del Pozo/B Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Saudi Arabia may ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide produced in the process will be transported straight back to the kingdom.

S Korea s Hyundai Heavy, Aramco sign blue hydrogen cooperation project | Hellenic Shipping News Worldwide

S Korea’s Hyundai Heavy, Aramco sign blue hydrogen cooperation project Hyundai Heavy Industries Holdings, or HHIH, has signed a memorandum of understanding with Saudi Aramco on blue hydrogen and ammonia projects, a Hyundai Heavy official said March 4. Hyundai Oilbank, the oil refinery unit of HHIH, will import LPG from Saudi Aramco under the MOU to convert into blue hydrogen, which is hydrogen produced from fossil fuel in a process that captures CO2 emissions. “Carbon dioxide captured and stored during the hydrogen production process will be transported straight back to Saudi Aramco, which means there would be no carbon left in South Korea in the process,” the HHIH official said.

Saudi Arabia to Ship Gas to South Korea and Take Back the CO2

Saudi Arabia to Ship Gas to South Korea and Take CO2 Back Bloomberg 3/4/2021 Verity Ratcliffe, Seyoon Kim and Kyunghee Park © Bloomberg A liquefied petroleum gas (LPG) tanker, center right, sits moored at a port near SK Innovation Co. s Ulsan Complex oil refinery facilities at dusk in Ulsan, South Korea, on Sunday, Aug. 4, 2019. Ulsan is known as Hyundai Town, an industrial powerhouse with the world’s largest car-assembly plant, its third-biggest oil refinery and the giant shipyards. Since 2016, some 35,000 workers quit or lost their jobs at the city s shipyard, in a downturn as dramatic as it was sudden. (Bloomberg) Saudi Arabia may ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide produced in the process will be transported straight back to the kingdom.

With chairman s return, Hanwha explores next engines

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