Imperial Holding, a Qatar-based group of companies, and Korea gas technology corporation, Kogas Technology, have signed a memorandum of understanding (MoU) to expand mutual cooperation and collaboration in the fields of LNG and hydrogen energy.
The MoU will focus on cooperation and collaboration in the fields of LNG and Hydrogen energy, including the development of new technologies, training and joint research and development projects.
The agreement was signed at a ceremony attended Ambassador of South Korea to Qatar HE Lee Joon-Ho, President and CEO of Korea Gas Technology Mr. Cho Yong-Don, President and CEO of Imperial Holdings Dr. Ali Rana Sajad, Ambassador of Pakistan HE Dr. Muhemmed Aejaz, Ambassador of Bulgaria HE Plamen Delev, Commercial Counsellor at Embassy of Korea Mr. Wie Kyu Park, Director-General, Korea Trade Investment Promotion Agency (Kotra) Qatar, Mr. Hanseung Kim and other dignitaries.
Dr. Rana said that “We are excited to partner with Kogas Tech and look forward to working together to advance the energy sector in Qatar. This MoU is a significant step towards achieving our mutual goals of sustainable energy solutions and economic growth.”
The partnership will allow Power Engineering Corporation (PEC), a wholly-owned subsidiary of Imperial Holdings Qatar, to benefit from Kogas Tech’s expertise and experience in the energy sector, while providing Kogas Tech with the opportunity to expand its presence in Qatar. Both companies are committed to working together to promote sustainable energy solutions and becoming leading players in the energy industry in Qatar.
Korean Gas Technology (Kogas Tech) is a subsidiary of Korea Gas Corporation, one of the world’s largest Energy Companies.
Mr. Cho Yong-Don, President and CEO of Kogas Tech, stated that “Kogas Tech is proud to partner with Imperial Holdings Qatar and contribute to the energy development of Qatar. We believe this partnership will lead to mutually beneficial outcomes for the people of both Qatar and South Korea.”