Korea Petroleum Management Service Launches Land-Based Demonstration Study for Domestic Introduction of Bio Marine Fuel Oil

The Korea Petroleum Management Service has opened a ship testing facility within the Future Technology Research Institute and is intensifying land-based demonstration research for the domestic introduction of bio ship fuel.

On the 5th, the Korea Petroleum Management Service announced that it has opened a ship testing facility within the Future Technology Research Institute located in Cheongju, Chungbuk, and will officially begin land-based demonstration research for the domestic introduction of bio ship fuel through this facility.

This ship testing facility is a significant achievement of the "Establishment of a Supply Base for Carbon-Neutral Ship Alternative Fuels" project. Since groundbreaking in January 2022, continuous efforts have been made to establish a performance evaluation system for ship alternative fuels.

On the 5th, the Korea Petroleum Management Service opened a ship testing building within the Future Technology Research Institute located in Cheongju, Chungbuk.

The ship testing facility is equipped with testing equipment capable of evaluating not only conventional ship fuels (such as C heavy oil) but also petroleum alternative fuels like biodiesel and bio heavy oil. This equipment will be utilized to support domestic shipping companies expected to face operational difficulties due to greenhouse gas regulations in the shipping sector by the International Maritime Organization (IMO).

Since being designated as the secretariat organization of the "Eco-friendly Biofuel Activation Alliance" in October 2022, the Petroleum Management Service has strengthened cooperation with the private sector. Additionally, in September of last year, it signed a private research service contract including demonstration research in collaboration with the Bioenergy Association and others, continuing preparations for the domestic introduction of bio ship fuel.

Chairman Cha stated, "With the opening of the ship testing facility as a milestone, we will swiftly advance research for the domestic introduction of bio ship fuel and continue efforts toward commercialization through close cooperation with stakeholders in the shipping sector."

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