Sejin Heavy Industries Signs MOU with Korea National Oil Corporation for Ulsan Namhang Project Cooperation
[Asia Economy Reporter Ji Yeon-jin] Sejin Heavy Industries announced on the 28th that it has signed a Memorandum of Understanding (MOU) with Korea National Oil Corporation to promote the Energy Hub Ulsan Namhang Project.
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The two companies agreed to cooperate for the smooth promotion of the Energy Hub Ulsan Namhang Project, which is being promoted by Korea National Oil Corporation. This project includes a comprehensive energy logistics terminal for liquefied gas, crude oil, petroleum products, and green energy; a blue hydrogen production cluster; and the construction, leasing, and operation of a hub port facility for hydrogen and ammonia import/export in the southeastern region.
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