Kazakhstan and China discuss terms of deal for Moynkum nuclear plant

Kazakhstan is discussing the terms of a deal with China for the construction of its second nuclear power plant, Moynkum. Energy Minister Yerlan Akkenzhenov said at a government briefing that the sides are still agreeing on the project's parameters. He said a Chinese national nuclear company is involved and that the parties are discussing the terms of the deal, including timelines.

The minister expressed confidence that the projects will be completed by 2035. In his Address to the People of Kazakhstan, the head of state said it is possible to start construction of the Balkhash nuclear power plant and to sign an agreement on comprehensive cooperation to speed up preparations for building the Moynkum station.

Deputy Prime Minister and Minister of National Economy Serik Zhumangarin later said the country plans to sign an intergovernmental agreement on the second nuclear plant by the end of 2027.