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피터빈트

LPG companies donate W10b to supply underprivileged

By Korea Herald

Published : Feb. 15, 2012 - 20:24

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Liquefied petroleum gas suppliers have amassed 10 billion won ($8.9 million) in funds to provide energy for the underprivileged.

The nation’s two largest LPG importers E1 and SK Gas donated 5 billion won each to provide low-income earners with LPG vouchers, build LPG supply facilities for social welfare centers and support the taxi industry.
Knowledge Economy Minister Hong Suk-woo (center) holds hands with representatives from LPG-related public and private agencies at a donation ceremony in Seoul on Wednesday. (Chung Hee-cho/The Korea Herald) Knowledge Economy Minister Hong Suk-woo (center) holds hands with representatives from LPG-related public and private agencies at a donation ceremony in Seoul on Wednesday. (Chung Hee-cho/The Korea Herald)

The fund will be managed by the Korea LPG Association and supervised by a committee of private and public experts for efficient and transparent management.

Knowledge Economy Minister Hong Suk-woo, who attended the fund’s launching ceremony on Wednesday, said the government will do its best to improve energy welfare for the low-income bracket by supplying small LPG storage tanks.

At a meeting held after the ceremony, LPG industry officials requested that the government help fund LPG vehicles and increase the supply of LPG tanks.

By Kim So-hyun (sophie@heraldcorp.com)

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