BAKU, Azerbaijan, June 9. Kazakhstan’s Energy
Minister Yerlan Akkenzhenov and South Korea’s Minister of Trade,
Industry and Energy Kim Jung Kwan discussed the development of
bilateral energy cooperation, focusing on expanding partnership in
key areas of the sector, Trend reports via the Kazakh ministry.
The sides reviewed the current state and future prospects of
energy collaboration, confirming mutual interest in further
strengthening ties. The parties noted positive dynamics in
electricity sector cooperation and ongoing joint investment
projects.
Particular attention was given to the modernization of energy
infrastructure, the construction of new generation capacities, the
deployment of advanced technologies, and the improvement of power
supply reliability. The discussions also covered cooperation in
clean energy, including renewable and alternative energy sources,
as well as technology exchange aimed at supporting sustainable
development goals.
The two ministers reaffirmed their readiness to continue joint
efforts on mutually beneficial projects aimed at strengthening
energy security, advancing technological development and deepening
economic ties between Kazakhstan and South Korea.
The meeting comes amid Kazakhstan’s broader efforts to modernize
its energy system, expand generation capacity and attract foreign
investment into the power sector, particularly in renewables and
high-efficiency technologies. Seoul, for its part, continues to
expand its energy footprint in Central Asia through technology
cooperation and participation in infrastructure and industrial
projects.
Korea National Oil Corporation (KNOC) is currently being
considered for participation in new exploration projects within the
expanding geological exploration portfolio of KazMunayGas,
reflecting ongoing cooperation in the upstream segment.
Doosan Enerbility remains one of the key Korean partners in
Kazakhstan’s energy infrastructure development. The company
previously built the 310 MW Karabatan combined-cycle power plant in
the Atyrau region and is currently acting as the general contractor
for a 1,000 MW combined-cycle power plant under construction in the
Turkestan region.
