Korea Energy Terminal (KET), a joint venture between Korea National Oil Corporation (KNOC) and SK Gas, recently celebrated the completion of its oil and LNG tanks at the Ulsan North Port, South Korea. The terminal, with a total capacity of 5.75 million barrels, aims to enhance energy security and support industrial competitiveness by expanding cargo volume. The project's next phase includes developing logistics hubs for eco-friendly energy like hydrogen and ammonia, aligning with the country's low-carbon energy goals. Ulsan's vision is to become a 'carbon-neutral energy hub,' boosting energy logistics and financial activities in the region. The collaboration with global companies and local players signifies a promising future for Ulsan as a key player in energy supply and logistics. Additionally, plans for a hydrogen industry cluster in Yeosu demonstrate a commitment to sustainable energy practices and innovation in South Korea.