Hyundai Engineering Wins Kazakhstan Gas Processing Facility Contract, Expanding Central Asia Presence
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- Hyundai Engineering has secured a contract to build a large gas processing facility in Kazakhstan, marking its first entry into the country's chemical plant market.
- The project, awarded by Kazakhstan's state gas company QazaqGaz, involves constructing facilities to process approximately 5 billion cubic meters of raw gas annually.
- This contract expands Hyundai Engineering's presence in Central Asia, adding Kazakhstan to its existing projects in Uzbekistan and Turkmenistan.
Hyundai Engineering has achieved a significant milestone by securing a contract to construct a major gas processing facility in Kazakhstan, marking its initial foray into the Central Asian nation's chemical plant sector. The project was awarded by QazaqGaz, Kazakhstan's state-owned gas company.
The "Karachaganak Gas Processing Facility Project" entails the construction of infrastructure designed to process roughly 5 billion cubic meters of raw natural gas produced in the Karachaganak region annually. Raw gas, in this context, refers to natural gas containing impurities such as sulfur and water that require removal.
Hydai Engineering will be responsible for the full Engineering, Procurement, and Construction (EPC) scope of the project. The company has partnered with SICIM, an Italian EPC firm with a local subsidiary, as its construction consortium partner. SICIM brings extensive experience in pipeline and energy projects across Central Asia, the Middle East, Africa, and the Americas.
Through this order, we have once again proven our capabilities and technological prowess in gas processing plant projects in the overseas market.
This latest contract positions Hyundai Engineering to undertake projects in three key Central Asian countries: Kazakhstan, Uzbekistan, and Turkmenistan. The company has previously executed large-scale projects in Uzbekistan and Turkmenistan, including gas processing facilities and petrochemical plants. Its accumulated experience in the region, coupled with its expertise in gas processing technology and process management, is believed to have been instrumental in securing this new contract.
A Hyundai Engineering representative expressed confidence, stating, "Through this order, we have once again proven our capabilities and technological prowess in gas processing plant projects in the overseas market." The company aims to leverage its experience in the CIS region to ensure stable project execution and enhance its competitiveness in the global plant business.
We will stably execute the project based on our experience in the CIS region and enhance our competitiveness in the global plant business.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.