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Russia to start oil and gas exploration in Mongolia www.news.ru
Rosgeology, Russian state-owned holding in charge of mineral resource exploration, will start the oil and gas exploration in Mongolia in cooperation with the Mongolian Mineral Resources Agency.
The corresponding agreement was signed during the Russian president Vladimir Putin's visit to Ulaanbaatar, reports TASS news agency. Rosgeology clarified that the document implies joint geological search for oil, gas, solid minerals, basic mineral resources, precious and rare metals, as well as construction, technological and agrochemical raw materials.
At the moment Russia is the main oil supplier to Mongolia. Among other resources, Rosgeology and the Mongolian Mineral Resources Agency will cooperate on freshwater deposits exploration.
Earlier, News.ru reported that Putin signed permanent treaty on friendship with Mongolia.
Published Date:2019-09-04
