Samsung C&T strives to source and supply energy resources around the world.
Samsung C&T is engaged in the trading of major energy resources such as LNG and coal, and organizing of projects that provide financing, RM, offtake agreements and other solutions in the power generation sector. In line with the global trend of energy source diversification, we are developing eco-friendly wind and solar power generation projects and participating in biofuel markets by operating palm plantations in Indonesia.
Samsung C&T is conducting wind and solar power generation businesses in various regions, including North America.
Samsung C&T is expanding LNG-related infrastructure development projects, such as LNG terminals and natural gas power plants, by leveraging its accumulated experience and expertise in developing, investing in, and operating diverse LNG projects.
We contribute to providing stable supply of clean energy in Korea by arranging the import of Malaysian-origin LNG for the Korea Gas Corporation and other utility companies.
By operating palm plantations in Indonesia, Samsung C&T is trading palm oil, palm kernel shell (PKS), and wood pellets.
We source coal from mines in Russia and Indonesia, and trade it globally.
Samsung C&T is carrying out wind and solar power projects in North America.
For our overseas projects, we are collaborating with domestic utility companies and module and EPC (engineering, procurement, and construction) companies.
We completed the 10 phases of a project in Ontario, Canada from 2013 to 2018 and are currently operating a wind and solar energy generation cluster with a total generation capacity of 1,369MW. This is the largest renewable energy complex in Canada─a landmark of the renewable energy industry in North America.
Samsung C&T is organizing and funding projects based on the extensive experience and expertise it has gained in developing, investing in, and operating diverse types of businesses over the past several decades.
We have been awarded projects to build and operate private-investment power generation projects, including the 433MW Norte II combined-cycle power plant in Mexico and 517MW Kelar gas-fired, combined-cycle power plant in Chile. Samsung C&T was the first company in the world to develop both onshore and offshore LNG terminals, including the onshore Manzanillo LNG Terminal in Mexico and offshore LNG import terminal in Bahrain. Building on these diverse experiences, Samsung C&T is now reinforcing its project development capabilities by focusing on the value chain of LNG, one of the clean energy sources for which demand is rising globally.
Samsung C&T is conducting various ODA (official development assistance) infrastructure projects for developing countries in the offshore facility, transportation, IT, and power transmission and transformation sectors.
We build general hospitals and hospitals specializing in cancer and cardiovascular diseases in countries with inadequate medical service infrastructure, helping those countries meet their citizens’ demand for advanced public healthcare services. Based on our organizing capabilities and experience in various parts of the value chain, including planning, design, construction, supply of medical equipment and IT solutions, and financing arrangement related to medical infrastructure, we are able to provide comprehensive healthcare solutions.
Samsung C&T was the first to import LNG from Malaysia in 1991, contributing to the diversification of LNG sources in Korea.
Since signing a contract with Petronas LNG of Malaysia in 1993, we have supplied Korea with 3.6 million tons of LNG annually. Moreover, we acquired stakes in natural gas liquefaction plants in Oman and Qatar in 1999 and imported LNG to Korea, helping stabilize the country’s clean energy supply.
In 2008, Samsung C&T acquired PT. Gandaerah & PT. Inecda, a palm plantation in Sumatra, Indonesia.
Covering an area of 24,000 hectares, or about 40 percent the size of Seoul, the plantation produces over 100,000 tons of crude palm oil (CPO), a raw material for biodiesel and cooking oil, every year.
Palm kernel shell (PKS) and wood pellets, byproducts produced on the plantation, have emerged as a new source of clean energy.
In addition, Samsung C&T is purchasing biofuels from Southeast Asia, Russia, and North America, and supplying them to domestic and overseas power plants. By growing its biofuel trading business, Samsung C&T is actively joining international efforts to secure alternative energy sources as a means of reducing greenhouse gas emissions.
Samsung C&T launched its coal business when it first imported anthracite from the United States in 1979, and it has since imported bituminous coal from Russia, Indonesia and Australia for power generation companies, cement producers, and combined heat and power plants in Korea.
Furthermore, we are steadily increasing intermediary trade activities by sourcing bituminous coal overseas, and selling it to China, India, and Southeast Asia.