Korea Energy Terminal Co.,Ltd. (‘KET’) is a joint venture company between Korea National Oil Corporation and SK Gas Co.,Ltd. to build commercial energy storage facility in the North Port of Ulsan as a part of the government’s project, Northeast Asia Energy Hub. Korea Energy Terminal Co., Ltd. is constructing three LNG tanks (645,000m³) and 12 OIL tanks (270,000m³) targeting the commercial operation start in 2024. In the future, we have plan to expand additional LNG and ammonia storage facilities on the remaining site. (approximately 91,000m²)