Park Jae-hyuk is a seasoned journalist who has provided comprehensive coverage of South Korea's corporate dynamics, economic policies, industry challenges and the global positioning of Korean companies. Based on the articles he has written since joining The Korea Times in 2016, his investigative approach has helped readers understand corporate governance, economic trends and business strategies shaping South Korea’s economy.
POSCO International completes LNG terminal construction
POSCO International CEO Lee Kye-in, center, pushes the button with participants at an event celebrating the completed construction of Korea's first privately-owned liquefied natural gas (LNG) terminal in Gwangyang, South Jeolla Province, Tuesday. The event followed the trading and energy firm's commencement of the 1.04 trillion won ($750 million) construction project in 2002 and the start of operations of the No. 1 storage tank in 2005. The company invested another 930 billion won to build a neighboring LNG terminal with two storage tanks by 2026 to enhance Korea's energy security. Courtesy of POSCO International
By Park Jae-hyuk