As a part of the deal, DNV will carry out qualitative and quantitative feasibility study to implement LNG bunkering in ports in the south-eastern area of Pusan and western area of Incheon and Pyeongtaek.

DNV Clean Technology Centre, Singapore will provide support to DNV Korea senior customer service manager Dr. Sun Il Yoo in leading the project.

To undertake the feasibility study, KOGAS has formed a consortium with Kyungnam Energy in the south-eastern area and with Samchully in the western area.

Under the project, DNV will try to identify Korea’s commercial opportunities related to LNG distribution and shipping, address LNG supply chains and infrastructures, technologies related to LNG shipping and bunkering, standards, regulations and issues related to public acceptance.

KOGAS vice president and R&D division head Young-Myung Yang said that the company has earlier coordinated with DNV on R&D and Health, Safety, Environmental and Quality management.

"We’re looking forward to continuing our partnership, to which DNV can bring its risk-analysis expertise in the LNG sector, and especially in the LNG bunkering field, and help us to take this LNG bunkering project one step closer to reality," added Myung.