Korea Gas Corporation (036460) signed a hydrogen and low-carbon technology agreement with the American Petroleum Institute, Newsis reported Friday. The organizations signed the memorandum at Korea Gas's Daegu headquarters on September 3 after discussing future cooperation areas.
They will work on global standards and technical exchanges covering hydrogen, low-carbon technology and natural gas. Korea Gas hydrogen head Oh Kwon-taek and API executive Anchal Liddar attended the signing.
The company's market capitalisation was ₩3.2 trillion at Friday's close. Korea Gas currently operates 57 hydrogen fueling stations and two hub-type hydrogen production bases.
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| Symbol | Last Price |
|---|---|
| 036460Korea Gas Corporation | ₩35,100 -6.9% |