ASTANA, Kazakhstan, April 9. Minister of Energy
of Kazakhstan, Yerlan Akkenzhenov, and Kim Jeong-kwan, Minister of
Trade, Industry and Resources of the Republic of Korea, reviewed
the direction of a new stage of joint projects in the fuel and
energy sector, Trend
reports via the Kazakh ministry.
The discussions took place in Astana during a series of working
meetings with a high-level delegation from South Korea, which
arrived to explore prospects for a strategic energy
partnership.
The sides emphasized the strong level of political dialogue
between the two countries and confirmed mutual interest in
implementing major infrastructure and technological
initiatives.
Particular attention was given to expanding cooperation in the
oil and gas sector. Kazakhstan highlighted the long-standing
successful experience of the Korea National Oil Corporation (KNOC)
in the Kazakh market. The parties aligned positions on ensuring
continued stable and mutually beneficial exports of Kazakh crude
oil to South Korea.
Electric power was also a key topic, with Doosan Enerbility
serving as the main technological partner. The company previously
completed the 310 MW Karabatan combined-cycle power plant in the
Atyrau region and is currently the general contractor for a 1,000
MW combined-cycle gas turbine (CCGT) plant in the Turkestan
region.
Following the meetings, South Korean technology companies were
invited to expand their participation in Kazakhstan’s new
infrastructure projects not only as EPC contractors but also as
full-fledged co-investors.
Representatives of both nations reaffirmed their firm commitment
to further strengthening the strategic energy partnership, based on
the adoption of advanced solutions and sustainable economic
development.
