Damyang-gun and Sonic Energy Co., Ltd. Sign Investment Agreement for 'LPG Pipeline Network Construction Project'

Investing 21 Billion by 2026 to Achieve Energy Welfare

On the 29th, Damyang-gun, Jeollanam-do announced on the 30th that it signed an investment agreement (MOU) for the 'LPG Pipeline Network Construction Project' with Sonic Energy Co., Ltd. (CEO Park Gi-jong).

The LPG pipeline network construction project aims to install an LPG pipeline network to improve the efficiency and safety of fuel use and to eliminate the fuel cost gap between areas supplied with city gas and those not supplied. The project is planned to be carried out targeting approximately 1,000 households within the jurisdiction.

Through this agreement, Sonic Energy Co., Ltd. will invest 21 billion KRW by 2026 to build the LPG pipeline network.

Damyang-gun promised to actively cooperate in administrative procedures and publicity to ensure the smooth progress of the project.

Once the pipeline network is established, it is expected that LPG can be supplied and used at about 30-50% lower cost compared to using LPG cylinders or kerosene.

County Governor Lee Byung-no said, "Through this investment agreement, we have laid the foundation to resolve the energy imbalance among residents," and added, "We will continue to do our best for the comfortable and happy lives of our residents."

This content was produced with the assistance of AI translation services.