Mongolian Economy and Finance

Russian energy behemoth Gazprom and China National Petroleum Corporation (CNPC) are to decide if their gas pipeline that is delivering their $400 billion agreement will run through Mongolia.

Mongolia is seeking to sign a gas project and supply accord with China next month, in a deal that would help the world’s second-largest economy expand energy supplies and potentially revive foreign investment in Mongolia.

Cougar Energy is considering a potential divestment of non-strategic tenements in Australia to focus on its underground coal gasification strategy in Asia.

Mongolia is calling upon China and Russia to redirect a planned natural-gas pipeline across its territory as the world's fastest growing economy seeks to tap the cleaner-burning fuel.

Mongolia is calling upon China and Russia to re-direct a planned natural-gas pipeline across its territory as the world’s fastest growing economy seeks to tap the cleaner-burning fuel.

Underground coal gasification (UCG) company Cougar Energy says it is not sitting around waiting to get money out of the Queensland government.

Envidity’s Chairman, retired General Wesley Clark has received communications from the Mongolian President's office confirming the national security interests of Mongolia in seeing Envidity’s USD 1 billion Shivee Ovoo Coal Gasification and Gas to Liquids (“UCG/GTL”) project advance and offering to meet personally with General Clark during a planned trip to attend the UN General Assembly in New York next week.

Marubeni Corp and Toyo Engineering are bringing progress to Mongolia, with reports emerging that the two Japanese firms will construct a new oil refinery by 2014.