Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
Tavan Tolgoi coal to be transported to third markets through Taman port www.zgm.mn
A delegation led by the Minister of Mining and Heavy Industry of Mongolia Sumiyabazar Dolgorsuren paid a working visit to the Russian Federation on September 23-25. During his visit, Mr. Sumiyabazar held bilateral meetings with Igor Sechin, CEO, Chairman of the Management Board, Deputy Chairman of the Board of Directors of Rosneft, and Igor Levitin, Aide to the President of Russia. During the fourth Eastern Economic Forum, President of Mongolia Battulga Khaltmaa and his Russian counterpart Vladimir Putin discussed issues, such as the construction of natural gas pipes, economic corridor and the celebration of the 80th anniversary of the victory at the Battle of Khalkha River together. Mining Minister Sumiyabazar and Rosneft President Igor Sechin exchanged views on wide range of issues including conducting joint research on oil exploration in Mongolia, construction of oil refinery, studying possibilities of building gas pipe through Mongolia at the site and celebrating the 80th anniversary of the victory at the Battle of Khalkha River. In addition, Rosneft agreed to provide fuel for the new airport in the Khushig Valley. “Fuel is an important strategic product for Mongolia. Therefore, it is necessary for us to maintain its supply and increase the capacity of warehouse at the border.
We also seek opportunities to take substantial measures to ensure stable fuel price that directly affect the livelihoods of the people. The Government decided to build an oil refinery with the financing from the EXIM Bank of India. Rosneft has a great experience in oil exploration and processing. Experts led by the Rosneft Vice President Aleksandr Anatolyevich Romanov will visit the oil refinery site, gas pipe establishment area and the 19th, 21th field of Dachin Tamsag, where the oil will be extracted” noted Minister Sumiyabazar. Highlighting the successful implementation of the works on exporting the Tavan Tolgoi coal to international markets with the international standards, Minister Sumiyabazar said “The Memorandum on cooperation was established with the OTEKO JSC of Russia to invest in Tavan Tolgoi, transport coal to the Black Sea Coal Terminal at port Taman and export to third markets. Tavan Tolgoi plans to export 25 million tons of coal through the Port Taman annually.” Accordingly, the minister visited the Port Taman and met the OTEKO CEO Michel Litvak. As for the meeting with Mr. Levitin, Mining Minister Sumiyabazar exchanged views on cooperation policies and current issues, as well as co-hosting the 80th anniversary of Khalkh river battle.
Published Date:2018-09-28
