MS GAS participate in the Busan Ammonia Energy Regulatory Free Zone.
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MS GAS is the leading participant in the Busan Ammonia Eco-friendly Energy Regulatory Free Zone.
In November of last year, the city of Busan, led by Mayor Park, held an inaugural meeting
for the designated "Busan Ammonia Eco-friendly Energy Regulatory Free Zone," marking a successful first step.
The "Busan Ammonia Eco-friendly Energy Regulatory Free Zone" was designated as Busan's third regulatory free zone
in November 2021, following the blockchain zone in 2019 and the marine mobility zone in 2020.
This special zone project aims to demonstrate new technologies for utilizing ammonia,
which is used as fertilizer or industrial raw material, as an environmentally friendly fuel.
It consists of three projects:
1) Demonstration of ammonia-based fuel cell hybrid eco-friendly
2) Demonstration of mobile liquefied ammonia standard containers (ISO tank containers)
3) Demonstration of mobile ammonia fuel bunkering.
The total project cost, including government funding, is 336 billion won over four years starting from this year.
Seventeen local companies and institutions, including Busan Techno Park, Panasia, Dae Chang Solution, participate as special zone operators.
Various opinions were presented at the meeting, including the establishment of regular on-site inspections,
the formation of safety inspection committees with the participation of external experts, and support for commercialization
by Busan Techno Park, aiming for a safe and smooth implementation of the demonstration projects.
The participating companies expressed their determination to successfully complete the demonstration projects,
lead the international standards in the field of eco-friendly ships, and pioneer the market of ammonia eco-friendly energy
by seizing the technology.