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The BK Group is based in China and Korea and its main business is LNG business.
BK LNG Business
BK entered the LNG business at the time of the energy conversion period when China had to replace coal to LNG as a solution for the air pollution, and based on the cooperation with South Korea, which is in a geographically advantageous position and has advanced industrial experience and technology.
BK started supplying LNG in a new business model, the ISO Tank Container method, and in November 2019, BK first imported Tank Containerized LNG(“TC LNG) from South Korea to China using ISO Tank Containers, and then it is preparing to develop into a long-term stable business model.
Based on this experience, BK is promoting cooperation between the two countries to stably supply TC LNG to LNG buyers in China for a long time. As part of this, BK is working with Tongyeong City on the south coast of Korea and Hanyang Corporation in South Korea to establish infrastructure and logistic systems for securing scale of economy for long-term cooperation of TC LNG.
China's LNG market has vast market size and enormous growth potential. And South Korea is in a very geographically advantageous position and has abundant experience and technology in the LNG business. BK is playing a bridging role in LNG business cooperation between South Korea and China, such as the trade of small-scale transportation of LNG and cargo LNG as well as TC LNG and the construction of LNG terminals in China in search of a space for cooperation between the two countries.
Hongkong BK Limited is the global trading company, its sister company Beijing Huaxinbanke Trading Co., Ltd("BHBK') is in Beijing and Korea BK("KBK") is in Seoul.