International conference “Oil and Gas” to be held
The Government is organizing an international conference “Oil and Gas” on November 1 with the aim of introduction of Mongolian oil exploration and exploitation, project of oil refinery and factory of fuel extraction from coal to domestic and foreign investors.
The conference is intending to involve petroleum businessmen and to decrease reliance on foreign imports.
Nowadays Mongolia is almost wholly dependent on fuel imported from Russia and the Government is deciding a new oil refinery construction. Mongolia exploited oil in Zuunbayan in 1950s and oil refinery renovation needed much expenses. That is why the oil refinery was closed and Mongolia imported fuel from Russia.
Please note that this article has not been written, is not copyrighted and does not in any case represent the views or opinions of M.A.D. Investment Solutions or any of its affiliate individuals or companies. The article above is purely meant for information only to readers and does not constitute a legal or biding agreement in any way, shape or form. For contact and comments directly relating to the above article, please refer to the source as stated below.
Source : News.mn
The conference is intending to involve petroleum businessmen and to decrease reliance on foreign imports.
Nowadays Mongolia is almost wholly dependent on fuel imported from Russia and the Government is deciding a new oil refinery construction. Mongolia exploited oil in Zuunbayan in 1950s and oil refinery renovation needed much expenses. That is why the oil refinery was closed and Mongolia imported fuel from Russia.
Please note that this article has not been written, is not copyrighted and does not in any case represent the views or opinions of M.A.D. Investment Solutions or any of its affiliate individuals or companies. The article above is purely meant for information only to readers and does not constitute a legal or biding agreement in any way, shape or form. For contact and comments directly relating to the above article, please refer to the source as stated below.
Source : News.mn
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