MUSCAT: The Embassy of the Republic of Korea in Oman, in collaboration with the Ministry of Energy and Minerals of the Sultanate of Oman and the Korea Trade-Investment Promotion Agency (KOTRA), hosted the ‘Korea-Oman Renewable Energy Business Round-table and KSP (Knowledge Sharing Programme’) kick-off meeting in Muscat on Thursday, December 12, 2024.
The round-table was attended by more than 70 government officials, business stakeholders and experts from Korea and Oman, to promote partnership between Korea and Oman in the renewable energy sector, in commemoration of the 50th anniversary of diplomatic relations between Korea and Oman.
Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals (MoEM) of the Sultanate of Oman graced the meeting and delivered a keynote speech on behalf of the Omani government. Representatives from high-profile energy companies of Oman were in attendance, such as Oman Electricity Transmission Company (OETC), Nama Power and Water Procurement Company, Hydrom and Oman LNG.
The meeting was also attended by representatives from Korea's leading energy-related organisations and companies, including the Korea Electric Power Research Institute (KEPRI), Hyosung Heavy Industries, POSCO Holdings, GS Energy, Samsung E&C and LS Cable & System.
The participants discussed ways to strengthen Korea — Oman cooperation in the value chains of renewable energy, from power production to storage and transport, as well as in elaborating technological solutions to be applied to enhance efficiency of renewable energy.
The meeting also included a kick-off of Korea's 2024-25 Knowledge Sharing Programme (KSP) project with Oman, which aims to share experiences and best practices between the two countries to improve the reliability and efficiency in integrating renewables into the national power system.
Kim Kiejoo, Ambassador of Korea to the sultanate of Oman, underlined that there is great potential for mutually beneficial cooperation between Korea and Oman in the field of renewable energy and expressed his hope that the two countries will further expand their collaboration.
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