Hyundai Engineering signs Kazakhstan gas plant intent for 5 billion cubic meters

  • Hyundai Engineering signed a development intent with QazaqGaz for Kazakhstan’s KGPP.
  • 5 billion cubic meters of feed gas will be processed annually under the planned project.
  • The consortium includes SICIM’s Kazakhstan unit, with signing held during the first Korea-Central Asia summit.

Hyundai Engineering has signed a letter of intent with Kazakhstan’s state-run gas company QazaqGaz to develop the Karachaganak Gas Processing Plant, or KGPP. The project will be pursued by a consortium comprising Hyundai Engineering and the Kazakhstan unit of Italian engineering, procurement and construction firm SICIM. Hyundai Engineering will serve as lead contractor, managing design and procurement, while construction and commissioning will be carried out with SICIM’s local unit. The plant is planned to process 5 billion cubic meters of feed gas annually. The agreement was signed at the Korea-Kazakhstan Business Roundtable during the first Korea-Central Asia summit. The project expands Hyundai Engineering’s foothold to Kazakhstan alongside Uzbekistan and Turkmenistan, supporting its efforts to pursue additional energy-infrastructure opportunities across Central Asia.

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