Olzhas Bektenov Discusses Coal Chemical Plant Construction with Shandong Energy Group Co. Chairman Li Wei, Creating 1,500 Jobs

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting with Li Wei, Chairman of the Board of Shandong Energy Group Co. The parties discussed cooperation in the energy sector, including the implementation of a joint project to build a coal chemical plant in Kazakhstan.

Special attention was given to the joint plans of QazaqGaz and Shandong Energy Group Co. for the construction of a coal gasification plant in the Karaganda region, with a projected capacity of 2 billion cubic meters of gas per year. The launch of this production facility will give new momentum to the development of Kazakhstan's coal chemical industry. The project is expected to generate additional gas volumes, create 1,500 permanent jobs, promote economic diversification, introduce new technologies, and enhance the country’s export potential.

Prime Minister Olzhas Bektenov emphasized that the Government of Kazakhstan attaches great importance to developing mutually beneficial cooperation with the People’s Republic of China across various sectors of the economy, including coal chemistry.

Li Wei, Chairman of Shandong Energy Group Co., expressed strong interest in expanding cooperation with Kazakhstan and investing in this promising industrial direction.

Following the talks, both sides reaffirmed their commitment to constructive dialogue for the implementation of their joint plans.

For reference: Shandong Energy Group Co. (SEG) is a key enterprise in China’s energy sector with longstanding expertise in the coal and coal chemical industries. Through innovative approaches, the company has become a national leader in producing urea, methanol, and other coal-based chemical products. SEG operates 608 subsidiaries across Chinese provinces and in 17 other countries.

#Olzhas Bektenov #The Prime Minister of the Republic of Kazakhstan #International Cooperation #Investments

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