SK Gas launches world’s first 1.2 GW LNG-LPG combined cycle power plant in South Korea

• 12 days ago (2024-12-26)
• David Flin

Asia 907 Gas 397 Gas fuel 3

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SK Gas has announced that its 1.2 GW LNG and LPG combined cycle power plant, Ulsan GPS, located in Ulsan, South Korea, has started commercial operation. This is the world’s first GW class unit of its type, with an investment of $1 billion.

Construction began in April 2022, and the plant started its trial run in May 2024. It will use 900 000 to 1 million tons of LNG annually. Although LNG will be the primary fuel, it can use LPG as an alternative fuel, depending on market conditions.

Yoon Byung-seok, CEO of SK Gas, said: “SK Gas will strengthen the competitiveness of Ulsan, the largest industrial city in Korea, through the establishment of an eco-friendly energy ecosystem and become a partner in creating a sustainable future with our customers.”