G.Zandanshatar: China to increase petroleum exports to Mongolia
Foreign Affairs and Trade Minister G.Zandanshatar spoke with our correspondent about his recent trip to China.
He said the official visit has deepened bilateral relations between the two nations and strengthened mutual trust. He said the two sides reached agreements on five issues, including enriching their strategic partnership in the economic sphere, strengthening mutual understanding between citizens of the two nations, strengthening political cooperation, and widening multilateral cooperation.
G.Zandanshatar said China also agreed to increase petroleum exports to Mongolia, to help stabilize gasoline prices, and to conclude a long-term contract to export oil to Mongolia. The two sides have also agreed to build an oil refinery in Mongolia and cooperate on oil exploration and imports. China has also agreed to supply power to the Tavantolgoi and Oyutolgoi projects until a power plant is constructed.
During the visit, the Mongolian side raised the possibility of building a gas pipeline from Russia to China through Mongolia.
Also, Chinese companies in Mongolia will be environmentally friendly and responsibly under an agreement.
He said the official visit has deepened bilateral relations between the two nations and strengthened mutual trust. He said the two sides reached agreements on five issues, including enriching their strategic partnership in the economic sphere, strengthening mutual understanding between citizens of the two nations, strengthening political cooperation, and widening multilateral cooperation.
G.Zandanshatar said China also agreed to increase petroleum exports to Mongolia, to help stabilize gasoline prices, and to conclude a long-term contract to export oil to Mongolia. The two sides have also agreed to build an oil refinery in Mongolia and cooperate on oil exploration and imports. China has also agreed to supply power to the Tavantolgoi and Oyutolgoi projects until a power plant is constructed.
During the visit, the Mongolian side raised the possibility of building a gas pipeline from Russia to China through Mongolia.
Also, Chinese companies in Mongolia will be environmentally friendly and responsibly under an agreement.
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