LP Gas is recognized as a Clean Fuel in Korea and recognized as a part of the Korean Government energy supply plan
Interview with Mr. Jin-Sung Jung, Chairman, Korea LP Gas Association and Chairman of the National Organising Committee of the 21st World LP Gas Forum
WLPGA: Describe the LP Gas market in Korea today
Mr. Jung: Since 2007, the total amount of LP Gas consumption in Korea is 8.4 million tonnes
• 53% in transportation
• 47% is for residential, commercial and industrial use.
The total number of LP Gas vehicles is 2.3 million. Each year, consumption of LP Gas increases by approximately 3%.
The LP Gas market is thriving in Korea today and the following reasons explain its popularity:
1. Government policy in terms of Korean energy supply
LP Gas plays an important role in the government’s energy supply plan. The government also encourages its consumption as a clean energy. LP Gas is extremely competitive versus other fuels.
2. LP Gas is recognized as a clean fuel by Koreans
The Ministry of Environment classified LP Gas vehicles as ‘low-emission vehicles’.
WLPGA: Why will the 21st World LP Gas Forum be successful in Korea?
Mr. Jung: We believe that the success of any forum can be measured by its use as a platform of information exchange, interaction, & network and by the participants it attracts. Many topics will be discussed at this 21st Forum including the theme “LP Gas – Clean Energy for a Low Carbon World”. Dynamic speakers and moderators are lined up for this conference to debate and discuss all pertinent LP Gas topics including: “Combating Climate Change”; “The Global Outlook for LP Gas”; “Opportunities for LP Gas in Asia”; “Towards Operational Excellence” and “Innovation for Change”. In addition a High-Level Roundtable of industry experts will debate “Competing in a High-Price Environment”. Finally, a full day will be dedicated to new technology at the Global Technology Conference (GTC) with nearly 50 speakers providing insights into cutting-edge innovation that can drive market growth. We firmly believe that expectations will be met.
On top of the topics that will be discussed, Korea’s beautiful autumn, its exquisite traditional food and its elegant and friendly people will help make all delegates’ and speakers’ stay even more worthwhile.
WLPGA: What can the LP Gas industry learn from their Korean colleagues?
Mr. Jung: Firstly, we are looking forward to exchanging knowledge and insight with all international and national participants on their experience on LP Gas vehicles and other related equipment. The Korean speakers’ papers are designed to provide management know-how like LP Gas infrastructure, technique, safety control and so on.
WLPGA: What can the Korean LP Gas industry learn from the Forum?
Mr. Jung: The Korean LP Gas industry sees the Forum as an opportunity to keep abreast of the current international energy trends and to listen to different perspectives on the future energy market trend, particularly the trends concerning the LP Gas industry. This includes the long-term prediction of price and supply and demand.
WLPGA: What is the role of the Korean LP Gas Association?
Mr. Jung: Korea LPG Association has three main roles that include advocacy, R&D and public relations.
We engage regularly with the government, the General Assembly and special interest group on policy issues in order to demonstrate the benefits of LP Gas. We are also available to cooperate with the government, car manufacturers and institutes to help enhance growth in the LP Gas market can flourish and to encourage the development of a wide variety of LP Gas vehicles. We are also very active in presenting the LP Gas industry at seminars, forums, exhibitions in order to raise public awareness for LP Gas.
For more information, please visit www.klpg.or.kr/front/english/
