SK E&S Co., the natural gas business unit of South Korea’s SK Group, is considering selling its real estate asset in Seoul, estimated to fetch up to 500 billion won. The sale aims to provide a financial boost to its new renewable energy business, with a specific focus on hydrogen. SK E&S, known as Korea’s top city gas supplier and LNG importer, is actively seeking to diversify its portfolio by emphasizing blue hydrogen, solar energy, and wind power farms. The company holds stakes in the Barossa and Caldita fields in Australia, with plans to produce 250,000 tons of blue hydrogen annually by 2026 using low-carbon natural gas. This initiative aligns with the South Korean government's clean hydrogen power project bid. Moreover, SK E&S has entered the CCS business to further enhance its green energy portfolio alongside its expansions in the solar and wind energy markets.