Hanwha joins Korea LNG expansion as AI power demand surges and SE Asia shifts

AI Summary

Hanwha is entering the liquefied natural gas (LNG) business, following SK, GS, and POSCO, to capitalize on growing global LNG power generation markets driven by rising electricity demand from AI data centers and Southeast Asia's shifting energy needs.

Following SK, GS, and POSCO, Hanwha is also entering the liquefied natural gas (LNG) business. The move aims to tap into the rapidly growing global LNG power generation market as electricity demand rises with the expansion of artificial intelligence (AI) data centers. It also appears to reflect a goal to cut costs by operating power ...