Kosan Crisplant a/s and Korea LNG Solution have reinforced their business partnership after signing a long-term co-operation agreement to mutually promote liquefied natural gas (LNG) as bunker fuel in the Republic of Korea.
The collaboration between the two LNG experts dates back to June this year when both companies entered into a memorandum of understanding (MoU) to pool their strengths in the LNG market.
Under the terms of the follow up co-operation agreement, Kosan Crisplant and Korea LNG Solution will now cooperate on the development, manufacturing and sale of LNG bunkering equipment to progress small-scale LNG as bunker fuel.
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