In cooperation with "T" City in south coast of Korea, BK established a supply chain management plan to supply ISO Tank Containerized LNG("TC LNG") from "T" City in a long-term stable manner to "S" Company, a Chinese customer, and established a plan to conduct commercial operations after a small amount of pilot operation within a short period.
BK agreed to cooperate with Hanyang Corp. about Hanyang NEA LNG Hub Terminal Construction and Operation, which Hanyang Corp. is building in Yosu City located at the southern coast of South Korea, in the operation of the terminal and signed a LNG terminal use agreement ("TUA") with MOU.
Hongkong BK Limited obtained a certificate of registration as an LNG import and export from the Ministry of Trade, Industry and Energy of R.O.Korea.
BK signed an MOU with "T" City located on the southern coast of Korea on the establishment and operation of required logistics and infrastructure to stably supply tank containerized LNG from Korea to China from a short and long-term perspective and started activities for its implementation.
In cooperation with Korea’s KOGAS and POSCO, November 2019, successfully historically first imported ISO Tank Containerized LNG from South Korea to China, which were unloaded in Qingdao port and discharged in Lianyungang.
BK imported two ISO Tanks to obtain permission for the use of DWCT tanks in China, and was first licensed as an imported ISO Tank Container "Special Equipment Type Test Certificate" from the National Center of Oil Drilling and Refinational Equipment Supply and Inspection in China.
BK joined Shanghai Petroleum and Natural Gas Exchange (“SHPGX”) as a member and cooperated with each other to sign up for an agreement to introduce LNG from overseas and sell it in China. Start promotion LNG trading in cooperation with SHPGX.
BK set up the ISO tank containerized LNG ("TC LNG) business as a new business, signed a contract to supply Korea's No. 1 LNG ISO tank container with DWCT, a manufacturer, and started manufacturing initial quantities.
Hongkong BK Limited was established and started trading business focusing on trade between Korea and China, of which products were such as petrochemical products, electronic components and household goods, etc.