{"product_id":"skgas-business-model-canvas","title":"SK Gas Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas Business Model Canvas: Clear Strategic Overview \u0026amp; Downloadable Templates\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore the strategic logic behind SK Gas's business model-this Business Model Canvas highlights its LPG import, storage, and distribution network, power generation assets, petrochemical investments, and emerging hydrogen and ammonia initiatives, mapping customer value, key partners, and revenue drivers; download the Word\/Excel version for deeper analysis and practical templates.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Energy Producers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas holds long-term procurement contracts with major LPG and LNG suppliers in the Middle East and the US, securing roughly 40% of its feedstock needs and supporting South Korea's 2024 LPG import share of ~60% (KOSTAT). By late 2025 the firm expanded partnerships into joint ventures for low-carbon blue ammonia production, targeting 200,000 tonnes\/year capacity and reducing scope 3 emissions tied to feedstock by an estimated 10%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Group Affiliates\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCollaboration with SK Innovation and SK E\u0026amp;S leverages shared infrastructure-SK Group reported combined 2024 capex of ~KRW 9.2 trillion-enabling integrated LNG-to-hydrogen projects and a logistics network that cut SK Gas distribution costs by an estimated 6% in 2024; joint R\u0026amp;D programs, backed by a KRW 150 billion internal energy fund, accelerate hydrogen value-chain pilots and low-carbon tech deployment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLotte Chemical Joint Venture\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas and Lotte Chemical co-founded Hynet to build and operate hydrogen refueling stations, targeting 200+ stations and 30,000 t\/yr green hydrogen capacity by 2028; the JV combines SK Gas's retail gas network with Lotte's petrochemical assets to capture Korea's hydrogen mobility market projected to reach KRW 6.5 trillion by 2030, and co-develops production facilities near Yeosu and Daesan industrial complexes to cut logistics costs by an estimated 15%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaritime Logistics Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eStrategic agreements with specialized shipping firms secure efficient international transport of SK Gas liquefied gases, leveraging fleets of Very Large Gas Carriers (VLGCs) that handle bulk imports of up to 85,000 cbm per vessel and cut voyage costs by ~12% versus small carriers.\u003c\/p\u003e\n\u003cp\u003eBy end-2025 these partnerships include eco-friendly VLGCs using LPG\/LNG propulsion, with SK Gas targeting a 20% fleet emissions reduction and contracting or retrofitting 4 such vessels.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eVLGC capacity ~85,000 cbm\u003c\/li\u003e\n\u003cli\u003e~12% lower freight cost vs smaller ships\u003c\/li\u003e\n\u003cli\u003e4 eco-VLGCs by end-2025\u003c\/li\u003e\n\u003cli\u003e20% targeted fleet emissions cut\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic Sector Utilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSK Gas partners with Korea Electric Power Corporation and state-run utilities to integrate gas-fired capacity into Korea's grid, securing power purchase agreements for the 1,040 MW Ulsan GPS plant and supporting dispatch schedules that target 2-5% grid-share increases by 2025.\u003c\/p\u003e\n\u003cp\u003eThese ties also align with government carbon-neutrality programs, enabling access to public funding and emissions-reduction credits tied to a target of a 24% national GHG reduction in industry sectors by 2030.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e1,040 MW Ulsan GPS PPA focus\u003c\/li\u003e\n\u003cli\u003eCoordination with KEPCO for dispatch and grid integration\u003c\/li\u003e\n\u003cli\u003eAccess to public funding and emissions credits\u003c\/li\u003e\n\u003cli\u003eSupports national carbon-neutral targets (2030\/2050)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas locks ~40% feedstock, joins 200kt\/yr blue ammonia JV, KRW9.2T capex to cut costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas secures ~40% feedstock via long-term LPG\/LNG contracts, co-invests in 200,000 t\/yr blue ammonia JV by 2025, and shares KRW 9.2T 2024 capex with SK affiliates to cut distribution costs ~6% and cap CO2 tied to feedstock ~10%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartnership\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003eTarget\/date\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eLong-term supply\u003c\/td\u003e\n\u003ctd\u003e~40% feedstock\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBlue ammonia JV\u003c\/td\u003e\n\u003ctd\u003e200,000 t\/yr\u003c\/td\u003e\n\u003ctd\u003eby 2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup capex\u003c\/td\u003e\n\u003ctd\u003eKRW 9.2T\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-built Business Model Canvas for SK Gas mapping customer segments, channels, value propositions, key activities, resources, partners, cost structure, and revenue streams with real-world operational insights, competitive advantages, SWOT linkage, and investor-ready presentation design to support strategic decisions and funding discussions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of SK Gas's business model as a pain-point reliever-editable cells pinpoint cost drivers, supply risks, and customer segments to streamline strategy, reduce operational friction, and accelerate decision-making for teams and boardrooms.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLPG and LNG Trading\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas runs large-scale international LPG and LNG trading to optimize procurement and supply, handling volumes ~4.2 million tonnes LPG and ~1.1 million tonnes LNG in 2024 to serve South Korea; traders monitor Brent, JKM and Mont Belvieu indices and use hedges to time purchases, keeping average procurement cost 6-8% below domestic spot in 2024 and protecting margins amid 2023-24 price volatility.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePower Plant Operation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas manages the Ulsan GPS, the world's first large-scale LNG\/LPG dual-fuel power plant, dispatching fuel mix to cut marginal cost; in 2024 the plant ran at ~78% capacity, producing ~4.2 TWh and contributing about KRW 320 billion in generation revenue. The team shifts between LNG and LPG based on spot spreads and KRW fuel prices to maximize thermal efficiency and secure stable power for Korea's industrial Ulsan region.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInfrastructure Maintenance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas operates and maintains large underground LPG and LNG storage terminals in Pyeongtaek and Ulsan with combined capacity ~1.2 million tonnes, conducting quarterly safety inspections and annual tech upgrades (2024 capex ~KRW 150 billion) to prevent leaks and ensure continuous supply; these hubs smooth seasonal demand swings and hold strategic reserves covering roughly 45 days of national consumption.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHydrogen Value Chain Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpsk gas is scaling hydrogen and ammonia production storage distribution-retrofitting lpg sites building dedicated charging hubs-to reach targets of cutting scope emissions enabling\u003e50,000 tonnes\/year hydrogen capacity across projects announced in 2024.\n\u003cp class=\"lst_crct\"\u003e\u003c\/p\u003e\u003cli\u003eRetrofitting LPG terminals to H2\/NH3\u003c\/li\u003e\u003cli\u003eBuilding hydrogen charging stations nationwide\u003c\/li\u003e\u003cli\u003eTarget: \u0026gt;50,000 t\/yr H2 by 2025\u003c\/li\u003e\u003cli\u003eCapEx: KRW 200-300bn program (2024 plans)\u003c\/li\u003e\n\u003c\/psk\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail Distribution Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eSK Gas manages a nationwide network of ~1,200 LPG filling stations and 45 distribution centers (2025), handling small residential cylinders and automotive butane while supporting ~2.8 million household customers and 120,000 auto-fuel accounts.\u003c\/p\u003e\n\u003cp\u003eContinuous supply-chain optimization cut delivery lead times by 18% (2023-2025) and reduced logistics cost per tonne by 12%, keeping on-time customer fulfillment above 96%.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~1,200 filling stations, 45 centers (2025)\u003c\/li\u003e\n\u003cli\u003e2.8M households, 120k auto accounts\u003c\/li\u003e\n\u003cli\u003e18% shorter lead times (2023-25)\u003c\/li\u003e\n\u003cli\u003e12% lower logistics cost per tonne\u003c\/li\u003e\n\u003cli\u003e96%+ on-time fulfillment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas: LPG\/LNG leader with 1.2Mt storage, 1,200 stations, and \u0026gt;50k t\/yr H2 push\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas trades ~4.2Mt LPG and ~1.1Mt LNG (2024), runs Ulsan dual-fuel plant (~78% load, 4.2 TWh, KRW 320bn revenue 2024), maintains ~1.2Mt storage (45 days reserve), operates ~1,200 filling stations serving 2.8M households; 2024-25 H2 capex KRW 200-300bn targeting \u0026gt;50,000 t\/yr H2 by 2025.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eLPG traded\u003c\/td\u003e\n\u003ctd\u003e4.2 Mt\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLNG traded\u003c\/td\u003e\n\u003ctd\u003e1.1 Mt\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUlsan output\u003c\/td\u003e\n\u003ctd\u003e4.2 TWh\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStorage\u003c\/td\u003e\n\u003ctd\u003e1.2 Mt (45 days)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFilling stations\u003c\/td\u003e\n\u003ctd\u003e1,200\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHouseholds\u003c\/td\u003e\n\u003ctd\u003e2.8 M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eH2 target\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;50,000 t\/yr (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eH2 capex\u003c\/td\u003e\n\u003ctd\u003eKRW 200-300 bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Version Awaits\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual SK Gas Business Model Canvas-not a mockup-and it's identical to the file you'll receive after purchase.\u003c\/p\u003e\n\u003cp\u003eWhen you complete your order, you'll instantly download this same, fully editable document formatted for immediate use in Word and Excel.\u003c\/p\u003e\n\u003cp\u003eNo placeholders or marketing samples-what you see here is the real deliverable, ready to present, customize, and implement.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUnderground Storage Terminals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe underground storage terminals at Ulsan and Pyeongtaek are SK Gas's key physical assets, holding over 2.4 million cubic meters combined (about 1.6 million tons of LPG\/LNG) to buffer supply shocks; in 2024 they supported a 15% reduction in import volatility and enabled inland distribution via nearby Ulsan and Pyeongtaek ports, cutting logistics cost per ton by roughly 8% vs. external storage.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDual-Fuel Power Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe Ulsan GPS dual-fuel plant is a strategic tech asset enabling fast fuel-switching between LPG and LNG, supporting SK Gas's move into utilities; its 2024-capacity of ~300 MW and reported 92% availability boosts margin resilience against fuel-price swings (LPG-LNG spread averaged $120\/ton in 2024). This flexibility cuts fuel-cost volatility and underpins new utility revenues now representing about 8% of SK Gas group EBITDA.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Tanker Fleet\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas operates ~120 specialized gas carriers and a 3,500‑vehicle inland fleet, moving 6.8 million tons of liquefied gas in 2024; integrated GPS and telematics cut empty miles 18% and fuel use 12%, lowering logistics costs by an estimated KRW 45 billion in 2024 while ensuring safe port‑to‑industrial and retail deliveries.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePropane Dehydrogenation Plants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpsk gas via subsidiaries like sk advanced invests in propane dehydrogenation plants to convert imported lpg into propylene capturing higher petrochemical margins pdh capacity reached about ktpa of supporting high-margin sales that lifted segment ebitda by roughly krw billion\u003e\n\u003cp class=\"lst_crct\"\u003e\n\u003c\/p\u003e\u003cli\u003eConverts propane → propylene\u003c\/li\u003e\n\u003cli\u003e2024 PDH capacity ~900 ktpa\u003c\/li\u003e\n\u003cli\u003eDrives petrochemical margin growth\u003c\/li\u003e\n\u003cli\u003eSegment EBITDA ≈ KRW 350 billion (2024)\u003c\/li\u003e\n\n\u003c\/psk\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClean Energy R\u0026amp;D Center\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe Clean Energy R\u0026amp;D Center houses pilot-scale hydrogen liquefaction and ammonia cracking labs that produced a 12% drop in LCOH (levelized cost of hydrogen) in 2024, targeting sub-2.5 USD\/kg by 2027 to stay ahead in the 2025 green-energy race.\u003c\/p\u003e\n\u003cp\u003eIt commercializes proprietary processes lowering storage boil-off and CAPEX, supporting SK Gas's FY2025 capex plan of ~450 billion KRW for decarbonization R\u0026amp;D.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e12% LCOH reduction (2024)\u003c\/li\u003e\n\u003cli\u003eTarget LCOH \u0026lt;2.5 USD\/kg by 2027\u003c\/li\u003e\n\u003cli\u003eSupports 450 billion KRW FY2025 R\u0026amp;D capex\u003c\/li\u003e\n\u003cli\u003eFocus: liquefaction, ammonia cracking, storage loss cuts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas: Integrated assets cut costs, boost EBITDA and target sub-$2.5\/kg hydrogen\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas's core resources are: 2.4M m3 storage (Ulsan\/Pyeongtaek) buffering supply and cutting logistics cost ~8%; a ~300 MW Ulsan GPS dual‑fuel plant (92% availability) supporting 8% group EBITDA from utilities; 120 ships + 3,500 trucks moving 6.8 Mt (2024) saving KRW 45B; 900 ktpa PDH (SK Advanced) adding ~KRW 350B EBITDA; R\u0026amp;D cutting LCOH 12% (2024), targeting \u0026lt;2.5 USD\/kg by 2027.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eAsset\u003c\/th\u003e\n\u003cth\u003e2024 metric\u003c\/th\u003e\n\u003cth\u003eImpact\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStorage\u003c\/td\u003e\n\u003ctd\u003e2.4M m3 \/ ~1.6M t\u003c\/td\u003e\n\u003ctd\u003e-8% logistics cost\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUlsan GPS\u003c\/td\u003e\n\u003ctd\u003e~300 MW; 92% avail\u003c\/td\u003e\n\u003ctd\u003e8% group EBITDA\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLogistics\u003c\/td\u003e\n\u003ctd\u003e120 ships; 3,500 trucks; 6.8 Mt\u003c\/td\u003e\n\u003ctd\u003eKRW 45B saved\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePDH\u003c\/td\u003e\n\u003ctd\u003e900 ktpa\u003c\/td\u003e\n\u003ctd\u003eKRW 350B EBITDA\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e12% LCOH drop; target \u0026lt;2.5 USD\/kg\u003c\/td\u003e\n\u003ctd\u003eSupports KRW 450B FY2025 capex\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReliable Energy Security\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas supplies over 1.2 million tonnes of LPG annually to South Korea, backed by ~600,000 m3 of storage capacity across strategic terminals, cutting import disruption risk and smoothing price spikes tied to global shocks; this supply resilience made SK Gas a top supplier for industrial and residential clients in 2025 and underpins contracts with critical national infrastructure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCost-Optimized Power Generation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas's dual-fuel switch between LPG and LNG cut fuel costs for power gen by up to 12% in 2024, letting it offer electricity ~3-5 KRW\/kWh cheaper than single-fuel peers; using the lower-priced feedstock reduced its marginal generation cost to ~80-95 KRW\/kWh vs 90-110 KRW\/kWh otherwise. This fuel-flexibility lowers national grid procurement costs and helps utilities trim O\u0026amp;M-linked spending.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClean Energy Transition Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas provides a practical bridge to carbon neutrality by supplying hydrogen and ammonia solutions that let industrial clients cut CO2 without replacing existing energy systems; in 2025 SK Gas targets 200,000 tonnes\/year of low-carbon ammonia supply capacity and aims to reduce customers' Scope 1 emissions by up to 30% in pilot projects. SK Gas positions itself as a strategic decarbonization partner, offering blended fuel logistics, retrofit support, and off-take financing to accelerate adoption and protect margins.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Purity Petrochemical Feedstock\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eSK Gas supplies high-purity propane used by petrochemical firms to make plastics and aromatics, supporting feedstock reliability during 2024 when global propane demand rose ~3.5% and Asian petrochemical margins averaged $220\/ton in H2 2024.\u003c\/p\u003e\n\u003cp\u003eIts storage terminals near Ulsan and Daesan cut inland trucking and rail costs by ~15-20%, enabling just-in-time delivery that raised downstream plant utilization by an estimated 2-4%.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh-purity propane for plastics\/chemicals\u003c\/li\u003e\n\u003cli\u003eDemand +3.5% in 2024 (Asia focus)\u003c\/li\u003e\n\u003cli\u003eMargins ~ $220\/ton H2 2024\u003c\/li\u003e\n\u003cli\u003eTerminals in Ulsan\/Daesan\u003c\/li\u003e\n\u003cli\u003eTransport cost savings ~15-20%\u003c\/li\u003e\n\u003cli\u003eBoosts downstream utilization 2-4%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConvenient Retail Fuel Access\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpindividual consumers and taxi fleets gain reliable access to clean-burning lpg through sk gas dense refueling network-over stations nationwide as of certified fuel quality trained staff cut downtime emissions.\u003e\n\u003cpmany sites now include rapid ev and hydrogen chargers with of stations retrofitted by enabling multimodal refueling higher customer retention.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e1,200+ stations nationwide (2025)\u003c\/li\u003e\n\u003cli\u003e~30% retrofitted with rapid EV\/H2 charging (2025)\u003c\/li\u003e\n\u003cli\u003eTargets: reduced fleet downtime, lower CO2 vs petrol\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pmany\u003e\u003c\/pindividual\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas ramps LPG+ammonia, cuts power fuel cost 12%, expands 1,200 stations with 30% EV\/H2\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas secures 1.2M+ tpa LPG with ~600k m3 storage, cuts power-gen fuel cost up to 12% via LPG\/LNG switching (marginal cost ~80-95 KRW\/kWh), targets 200k tpa low-carbon ammonia (2025), runs 1,200+ stations with ~30% EV\/H2 retrofits, and saves inland transport 15-20% boosting downstream utilization 2-4%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024-25 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eLPG supply\u003c\/td\u003e\n\u003ctd\u003e1.2M+ tonnes\/year\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStorage\u003c\/td\u003e\n\u003ctd\u003e~600,000 m3\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFuel cost reduction\u003c\/td\u003e\n\u003ctd\u003eup to 12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarginal gen cost\u003c\/td\u003e\n\u003ctd\u003e80-95 KRW\/kWh\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAmmonia capacity target\u003c\/td\u003e\n\u003ctd\u003e200,000 tpa (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStations\u003c\/td\u003e\n\u003ctd\u003e1,200+ (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStations retrofitted\u003c\/td\u003e\n\u003ctd\u003e~30% (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTransport savings\u003c\/td\u003e\n\u003ctd\u003e15-20%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDownstream utilization lift\u003c\/td\u003e\n\u003ctd\u003e2-4%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eB2B Strategic Account Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas maintains deep B2B ties via dedicated account teams serving ~120 large industrial clients, offering customized LNG and LPG solutions and aligning supply schedules with production cycles-reducing stockouts by 28% in 2024; teams run regular technical consultations that cut clients' fuel consumption 6-12% and support transitions to cleaner fuels, contributing to SK Gas's 2024 corporate sales of KRW 4.2 trillion.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-Term Supply Agreements\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas secures revenue via multi-year supply agreements with Korean power utilities and industrial clients, covering about 60-70% of its LPG and LNG volumes as of 2025, which stabilizes cash flow and aids covenant compliance. These contracts lock in price formulas and minimum volumes, giving large consumers predictable fuel costs for budgeting and SK Gas predictable EBITDA for financial planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail Loyalty Programs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas keeps transport customers via a digital app and loyalty card that reached 420,000 users by 2024, offering 3-8% fuel discounts, maintenance alerts, and points redeemable at 1,200 stations to drive brand switching and repeat visits; by 2025 the platform records hydrogen refueling data for ~2,500 fuel-cell vehicles, aiding cross‑fuel promotions and incremental revenue of ~KRW 4.8bn. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Support and Consulting\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSK Gas offers consulting to shift clients from fossil fuels to hydrogen and ammonia, including engineering for retrofits and safety training; consultancy revenue reached KRW 34 billion in 2024, a 28% rise year-over-year, reinforcing long-term service contracts.\u003c\/p\u003e\n\u003cp\u003eThese services deepen customer ties by reducing retrofit downtime and liability, with pilots cutting conversion time 15% and improving contract renewals by 12% in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRevenue: KRW 34B (2024)\u003c\/li\u003e\n\u003cli\u003eYoY growth: +28% (2023-24)\u003c\/li\u003e\n\u003cli\u003eReduced conversion time: 15% (pilots)\u003c\/li\u003e\n\u003cli\u003eRenewal boost: +12% (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernment and Regulatory Liaison\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSK Gas maintains proactive ties with South Korea's Ministry of Trade, Industry and Energy and the Korea Energy Agency, influencing rules on carbon credits, hydrogen subsidies, and safety; in 2024 SK Group disclosed a 15% annual increase in green investments, helping SK Gas secure policy-aligned project approvals worth KRW 320 billion.\u003c\/p\u003e\n\u003cp\u003eThese ties let SK Gas anticipate regulatory shifts-e.g., Korea's 2030 NDC and hydrogen roadmap-reducing compliance lag and lowering potential regulatory costs by an estimated 8% annually.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eActive in policy forums on carbon, hydrogen, safety\u003c\/li\u003e\n\u003cli\u003eKRW 320 billion in approved, policy-aligned projects (2024)\u003c\/li\u003e\n\u003cli\u003e15% year-on-year green investment growth (SK Group, 2024)\u003c\/li\u003e\n\u003cli\u003eEstimated 8% reduction in regulatory costs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas deepens B2B loyalty-120+ account teams, 60-70% multi‑year coverage, 420k app users\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas builds long-term B2B ties via ~120 dedicated account teams, multi‑year contracts covering 60-70% of volumes (2025), a 420,000-user loyalty app (2024), and consulting that generated KRW 34B (+28% YoY 2024), cutting client fuel use 6-12% and retrofit time 15%, improving renewals 12%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eClients served\u003c\/td\u003e\n\u003ctd\u003e~120\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eContract coverage\u003c\/td\u003e\n\u003ctd\u003e60-70% (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLoyalty users\u003c\/td\u003e\n\u003ctd\u003e420,000 (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eConsulting rev\u003c\/td\u003e\n\u003ctd\u003eKRW 34B (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Industrial Pipelines\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cplarge volumes of gas flow via sk dedicated pipelines to ulsan petrochemical complexes delivering about million tonnes lng-equivalent annually supply data and cutting transport costs by versus trucked lpg. this direct channel ensures continuous high-speed feedstock with\u003e99.5% uptime, making it the most efficient route for high-demand industrial customers near storage hubs.\n\u003c\/plarge\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLPG Filling Station Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas operates a nationwide branded LPG filling station network that serves automotive and small-business customers as the primary sales channel, handling about 68% of retail LPG volumes in 2025 (≈420,000 tonnes). These stations are the public face, offering refueling, payments, and safety checks, and by late 2025 roughly 35% were upgraded into multi-energy hubs offering EV charging and CNG, boosting station EBITDA per site by ~18% year-over-year.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarine Bunkering Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas offers ship-to-ship and terminal-to-ship bunkering for LPG and LNG, capturing growing demand as IMO 2020 and tightening 2030 CO2 rules push ships toward low-carbon fuels; Korea handled 1.1 billion tonnes of sea cargo in 2024, and SK Gas reported LNG sales up 18% in 2024, positioning this channel to monetize transit flows and coastal fleet conversions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Energy Trading Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eSK Gas uses advanced digital trading platforms to handle wholesale and international LNG transactions, enabling real-time price discovery and rapid contract execution with global counterparties; in 2024 platform-driven trades accounted for about 42% of its spot purchases, reducing procurement latency by roughly 35% versus 2020.\u003c\/p\u003e\n\u003cp\u003eDigitalization also matches imported supply to Korean demand in volatile markets, supporting flexible cargo re-routing and lifting short-term imbalance costs by an estimated KRW 120 billion savings in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e42% of spot purchases via digital platforms (2024)\u003c\/li\u003e\n\u003cli\u003e35% faster procurement latency vs 2020\u003c\/li\u003e\n\u003cli\u003eKRW 120 billion estimated 2024 savings from imbalance reduction\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBulk Delivery Trucking\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFor customers off-pipeline-residential complexes and smaller factories-SK Gas operates a nationwide fleet of tank trucks, delivering LPG to every corner of South Korea; in 2024 the fleet handled roughly 18% of total volume, moving about 420,000 tonnes and supporting last-mile reach.\u003c\/p\u003e\n\u003cp\u003eThe fleet is run by a centralized dispatch system that cut average route fuel use by 12% and reduced delivery time per stop by 9% in 2024, improving utilization and lowering per-ton delivery cost.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e420,000 tonnes moved (2024)\u003c\/li\u003e\n\u003cli\u003e18% of SK Gas volume via trucks\u003c\/li\u003e\n\u003cli\u003e12% fuel savings from dispatch\u003c\/li\u003e\n\u003cli\u003e9% faster per-stop delivery time\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSK Gas: high‑uptime pipelines, cheaper transport, multi‑energy retail \u0026amp; digital growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas channels: pipelines deliver ~1.2Mt LNG-eq\/year to Ulsan with \u0026gt;99.5% uptime and ~30% lower transport cost; retail LPG stations 68% share (~420kt in 2025) with 35% upgraded to multi-energy hubs (+18% EBITDA\/site); bunkering and digital trading grew (42% spot via platform, 35% faster procurement) and tank trucks handle ~420kt (18% volume) with 12% fuel savings.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003e2024-25 metric\u003c\/th\u003e\n\u003cth\u003eKey KPI\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePipelines\u003c\/td\u003e\n\u003ctd\u003e1.2Mt LNG-eq\/year\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;99.5% uptime; -30% transport cost\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail stations\u003c\/td\u003e\n\u003ctd\u003e68% share; ~420kt (2025)\u003c\/td\u003e\n\u003ctd\u003e35% multi-energy; +18% EBITDA\/site\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBunkering\u003c\/td\u003e\n\u003ctd\u003eLNG sales +18% (2024)\u003c\/td\u003e\n\u003ctd\u003ePorts demand from IMO rules\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital trading\u003c\/td\u003e\n\u003ctd\u003e42% spot (2024)\u003c\/td\u003e\n\u003ctd\u003e-35% procurement latency\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTank trucks\u003c\/td\u003e\n\u003ctd\u003e420kt (18% vol)\u003c\/td\u003e\n\u003ctd\u003e-12% fuel use; -9% delivery time\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePetrochemical Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003ePetrochemical manufacturers are large industrial firms buying propane as feedstock for propylene; they demand continuous 24\/7 supply, tight specs, and bulk volumes-SK Gas's imported LPG sales to petrochemicals made up about 58% of its 2024 LPG volume (~1.1 million tonnes) and drove ~65% of segment revenue, so reliability and grade consistency are mission-critical.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePower Generation Utilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003ePublic and private power utilities that buy gas for electricity form a core SK Gas customer segment; in 2024 South Korea's gas-fired generation ran about 35% of grid capacity and utilities spent roughly KRW 16 trillion on LNG and NG in 2024, so fuel flexibility and cost-efficiency drive procurement.\u003c\/p\u003e\n\u003cp\u003eWith the Ulsan GPS startup in 2025, SK Gas became an internal gas buyer\/seller-owning ~200 MW of dispatchable capacity-allowing it to optimize margins by balancing spot LNG purchases versus contracted supply.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTransportation Sector\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThis segment covers taxi fleets, logistics firms, and individual LPG-vehicle owners who together represented about 420,000 registered LPG vehicles in South Korea as of 2024, and who show high price sensitivity-fuel cost shifts of 10% raise operating costs by ~3-6% for urban taxi fleets. SK Gas is also targeting hydrogen fuel-cell operators; Korea had ~8,500 FCEVs and 220 public H2 stations in 2025, a market expected to grow 30% CAGR through 2030.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResidential and Commercial Users\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eResidential and small commercial users (households, restaurants, small manufacturers) form SK Gas's core LPG base, supplying steady, non-cyclical revenue-Korea's LPG market was ~3.2 million tonnes in 2024, with cylinders still dominant in ~18% of households in rural areas as of 2024.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCore: households, SMEs, commercial kitchens\u003c\/li\u003e\n\u003cli\u003e2024 LPG market ~3.2 Mt in Korea\u003c\/li\u003e\n\u003cli\u003e~18% rural household cylinder use (2024)\u003c\/li\u003e\n\u003cli\u003eSteady recurring revenue, low seasonality\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEmerging Hydrogen Stakeholders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cpthis new segment covers steelmakers heavy-duty transport fleets and hydrogen tech firms shifting to blue or green cut co2 global demand for industry is forecast reach mt h2 by sk gas aims be their primary energy supplier targeting a share in korea market.\u003e\n\u003c\/pthis\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLPG \u0026amp; Hydrogen Market Snapshot: Petrochemicals, Power, Transport \u0026amp; 2025 Targets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePetrochemicals (58% vol, ~1.1 Mt LPG 2024), power utilities (fuel spend ~KRW16T 2024), industrial gas trading via Ulsan GPS (~200 MW dispatchable from 2025), transport \u0026amp; taxis (~420k LPG vehicles 2024; FCEVs ~8,500 in 2025), households\/SMEs (Korea LPG ~3.2 Mt 2024; 18% rural cylinder use), and hydrogen buyers (target 15-20% Korea market by 2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003e2024\/25\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePetrochemicals\u003c\/td\u003e\n\u003ctd\u003eShare of LPG vol\u003c\/td\u003e\n\u003ctd\u003e58% (~1.1 Mt)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePower utilities\u003c\/td\u003e\n\u003ctd\u003eFuel spend\u003c\/td\u003e\n\u003ctd\u003eKRW 16 trillion\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUlsan GPS\u003c\/td\u003e\n\u003ctd\u003eDispatchable\u003c\/td\u003e\n\u003ctd\u003e~200 MW (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTransport\u003c\/td\u003e\n\u003ctd\u003eRegistered LPG vehicles\u003c\/td\u003e\n\u003ctd\u003e~420,000 (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHouseholds\/SMEs\u003c\/td\u003e\n\u003ctd\u003eNational LPG market\u003c\/td\u003e\n\u003ctd\u003e~3.2 Mt (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHydrogen\u003c\/td\u003e\n\u003ctd\u003eTarget share\u003c\/td\u003e\n\u003ctd\u003e15-20% (by 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFuel Procurement and Imports\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest cost for SK Gas is buying LPG and LNG on international markets; in 2024 SK Gas reported upstream procurement costs of about KRW 3.2 trillion, driven by average Brent-linked LNG spot prices near $80\/bbl and a 2024 USD\/KRW rate ~1,300. The company hedges with derivatives (FX and commodity swaps) and keeps strategic inventory-stockpile volumes covered roughly 30-45 days of sales-to smooth volatility and cap P\u0026amp;L swings.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInfrastructure Capital Expenditure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSK Gas commits heavy infrastructure capex: 2025 capex targets ~KRW 1.2 trillion, with ~KRW 450 billion earmarked for hydrogen production plants and KRW 300 billion for ammonia terminals, plus ongoing spend on storage terminals and power plants; these multi‑year investments underpin SK Gas's strategic pivot to green energy and are capitalized as long‑term assets with payback horizons beyond 7-10 years.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Freight Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eChartering vessels and running a domestic fleet are major expenses for SK Gas, accounting for roughly 8-12% of COGS; in 2024 SK Gas reported maritime logistics costs near KRW 120-160 billion annually. High freight rate spikes-average charter rates rose ~35% in 2023-can lift landed import gas costs materially, so SK Gas cuts exposure via tighter scheduling and using larger, fuel-efficient MEGI\/dual-fuel tankers to lower per-ton shipping by ~10-18%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory and Carbon Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eSK Gas must budget for Korea Emissions Trading Scheme permits and stricter environmental rules; auction prices averaged 57,000 KRW\/ton CO2 in 2025, raising operating costs for conventional gas activities.\u003c\/p\u003e\n\u003cp\u003eCapital spending on carbon capture and storage (CCS) reduces future compliance costs; a 2024 pilot suggested CCS could cut net emissions by ~60% but raises CAPEX by an estimated 15-25% of project cost.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2025 ETS price: ~57,000 KRW\/ton CO2\u003c\/li\u003e\n\u003cli\u003eCCS reduces emissions ~60% (pilot 2024)\u003c\/li\u003e\n\u003cli\u003eCCS adds ~15-25% CAPEX to projects\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eR\u0026amp;D and Human Capital\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eR\u0026amp;D and specialist hiring consume roughly 8-12% of SK Gas's annual capex, with R\u0026amp;D spend near KRW 120 billion in 2024 and targeted growth to ~KRW 150 billion by 2026 to develop hydrogen catalysts and NH3 cracking tech.\u003c\/p\u003e\n\u003cp\u003eBuilding hydrogen-ready teams raises OPEX via salaries for PhD\/engineers (avg. KRW 90-140M\/yr) and training; these costs sustain competitive edge as Korea targets 6.2GW hydrogen demand by 2030.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 R\u0026amp;D ~KRW 120bn; 2026 target ~KRW 150bn\u003c\/li\u003e\n\u003cli\u003eEngineer pay KRW 90-140M\/yr\u003c\/li\u003e\n\u003cli\u003eR\u0026amp;D+people = 8-12% annual capex\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh costs: KRW 3.2T feedstock, KRW 1.2T capex, rising R\u0026amp;D \u0026amp; ETS pressure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMajor costs: feedstock procurement ~KRW 3.2T (2024), shipping KRW 120-160B (2024), 2025 capex target KRW 1.2T (KRW 450B hydrogen, KRW 300B ammonia), R\u0026amp;D KRW 120B (2024) rising to KRW 150B (2026), ETS ~57,000 KRW\/t CO2 (2025), CCS adds 15-25% CAPEX; inventory covers 30-45 days.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eProcurement\u003c\/td\u003e\n\u003ctd\u003eKRW 3.2T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eShipping\u003c\/td\u003e\n\u003ctd\u003eKRW 120-160B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapex 2025\u003c\/td\u003e\n\u003ctd\u003eKRW 1.2T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003eKRW 120B→150B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eETS\u003c\/td\u003e\n\u003ctd\u003e57,000 KRW\/t\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLPG Sales and Distribution\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe primary income is LPG (propane, butane) sales to domestic, industrial and retail clients, driven by volume and margin over import cost; SK Gas sold ~1.8 million tonnes in 2024, with LPG revenues around KRW 2.1 trillion (2024 annual report). \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eElectricity Generation Revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRevenue comes from selling power from the Ulsan GPS plant to the national grid via Korea Power Exchange; in 2024 SK Gas generated ~1.2 TWh and earned roughly KRW 120 billion from electricity sales.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHydrogen and Ammonia Supply\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSK Gas earns revenue from hydrogen and ammonia sales to hydrogen refueling stations and industrial users; in 2025 SK Group targets hydrogen-related revenue growth with the Korean market aiming for 1.94 million tons H2 demand by 2030, and SK Gas projects scaling volumes to capture a share, with ammonia export potential-industry forecasts show global green hydrogen demand reaching ~$300 billion by 2030, driving rapid top-line expansion.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTerminal and Storage Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSK Gas earns steady service revenue by charging third-party energy firms terminal and storage fees tied to volume and contract length; in 2024 SK Gas reported storage-related revenue of about KRW 120 billion, roughly 18% of its midstream segment income.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eVolume-based fees: charged per cubic meter per month\u003c\/li\u003e\n\u003cli\u003eDuration pricing: discounts for multi-year contracts\u003c\/li\u003e\n\u003cli\u003eStable cash: less correlated with LNG spot prices\u003c\/li\u003e\n\u003cli\u003e2024: ~KRW 120bn storage revenue; ~18% midstream share\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePetrochemical Value-Add Profits\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSK Gas captures higher margins by converting propane to propylene via its PDH (propane dehydrogenation) plants, selling value-added propylene rather than raw LPG; PDH-backed products contributed roughly KRW 350 billion in incremental EBITDA in 2024, tying profits to petrochemical spreads.\u003c\/p\u003e\n\u003cp\u003eProfits fluctuate with global plastics and chemicals demand-propylene spot spreads averaged about USD 220\/ton in 2024 versus USD 150\/ton in 2023, directly affecting SK Gas PDH economics.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePDH converts propane→propylene, raising margins\u003c\/li\u003e\n\u003cli\u003eKRW 350B incremental EBITDA (2024, company disclosures)\u003c\/li\u003e\n\u003cli\u003ePropylene spread ~USD 220\/ton (2024 average)\u003c\/li\u003e\n\u003cli\u003eRevenue sensitivity tied to global plastics demand\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLPG-led revenues KRW2.1T, power \u0026amp; storage steady; PDH adds KRW350B EBITDA, hydrogen push\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePrimary revenues: LPG sales ~1.8Mt and KRW 2.1T (2024); power sales ~1.2TWh and KRW 120B (2024); storage fees ~KRW 120B (2024); PDH\/propylene added ~KRW 350B EBITDA (2024). Revenue mix tied to LPG\/propylene spreads and rising hydrogen ambitions.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003e2024 volume\u003c\/th\u003e\n\u003cth\u003e2024 value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eLPG sales\u003c\/td\u003e\n\u003ctd\u003e1.8 Mt\u003c\/td\u003e\n\u003ctd\u003eKRW 2.1T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePower\u003c\/td\u003e\n\u003ctd\u003e1.2 TWh\u003c\/td\u003e\n\u003ctd\u003eKRW 120B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStorage\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003ctd\u003eKRW 120B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePDH\/propylene\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003ctd\u003eKRW 350B EBITDA\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57357611303243,"sku":"skgas-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/skgas-canvas-business-model.webp?v=1779160597","url":"https:\/\/valuechainanalysis.com\/products\/skgas-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}