"DORNOD OIL" COMPANY TO BE ESTABLISHED
Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting on Wednesday decided that an oil producing “Dornod oil” company wil be established in Choibalsan of Dornod aimag.
The cabinet obliged the State property committee to select entities, who will own the rest, according to the law on Concession, and to adopt the company's rules.
The state share in finances to build a factory is to be paid by the Government share, according to product share agreement, and additional finances from the Development Bank.
B.Oyundelger
The cabinet obliged the State property committee to select entities, who will own the rest, according to the law on Concession, and to adopt the company's rules.
The state share in finances to build a factory is to be paid by the Government share, according to product share agreement, and additional finances from the Development Bank.
B.Oyundelger
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