Korean energy firm agrees to invest up to $3.1bn into green hydrogen project in Kazakhstan

YPP plans to produce 310,000 tonnes of renewable ammonia, most of which will be exported

Azamat Kozhanov, deputy chairman of Kazakh Invest (left) and Baek Jong-man, CEO of YPP (right) sign the framework deal — Azamat Kozhanov, deputy chairman of Kazakh Invest (left) and Baek Jong-man, CEO of YPP (right) sign the framework dealPhoto: Kazakh Invest

Polly Martin

Senior Reporter

Published 17 July 2025, 07:49Updated 17 July 2025, 07:49

Kazakhstan Green H2 South Korea Ammonia