South Korea Signals Support For Kazakhstan's Nuclear Power Project

(MENAFN - Trend News Agency) ASTANA, Kazakhstan, October 26. South Korea hasexpressed readiness to engage in talks with its companies regardingthe construction of nuclear power plant in ...

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( MENAFN - Trend News Agency) ASTANA, Kazakhstan, October 26. South Korea hasexpressed readiness to engage in talks with its companies regardingthe construction of nuclear power plant in Kazakhstan, Trend reports. The issue was reviewed during energy Minister AlmassadamSatkaliyev's visit to South Korea, where he met representativesfrom Korea's top energy firms and government agencies.

The Korean side congratulated Kazakhstan on the successfulreferendum supporting nuclear power plant construction. Minister Satkaliyev also discussed collaboration across energysectors, including oil, gas, and renewable projects with SouthKorean Minister of Trade, Industry, and Energy Dukgeun Ahn. He engaged with prominent Korean companies - Doosan Enerbility,Korea Hydro & Nuclear Power (KHNP), Korea Electric PowerCorporation (KEPCO), Korea National Oil Corporation (KNOC), andSamsung C&T-to explore potential models for the nuclearproject, with a final decision expected in 2025.



Meanwhile, on October 6, 2024, Kazakhstan held a referendum onconstructing the country's first nuclear power plant. The proposalreceived strong support, with over 71 percent voting in favor. Following the referendum, Kazakh President Kassym-Jomart Tokayevstated that the nuclear plant should be developed by aninternational consortium.

Potential technology suppliers beingconsidered include China, South Korea, Russia, and France. In June 2022, Kazakhstan's Ministry of Energy announced plans tobuild a nuclear power plant on the shores of Lake Balkhash, nearthe village of Ulken in the Almaty region. MENAFN26102024000187011040ID1108820276 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind.

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