1 REAL WAGE GROWTH LAGS BEHIND NOMINAL GAINS WWW.UBPOST.MN PUBLISHED:2026/04/29      2 LOWER THE PRESSURE INSTEAD OF CLOSING BUSINESS ACCOUNTS! WWW.UBPOST.MN  PUBLISHED:2026/04/29      3 BANK OF MONGOLIA TO SUPPORT COMMERCIAL BANKS SECURING LONG-TERM FOREIGN FUNDING WWW.GOGO.MN PUBLISHED:2026/04/29      4 UNDP, GEF, AND GOVERNMENT OF MONGOLIA LAUNCH GREEN AND INCLUSIVE CITIES INITIATIVE TO TRANSFORM URBAN DEVELOPMENT WWW.UNDP.ORG PUBLISHED:2026/04/29      5 JADE GAS HOLDINGS SECURES KEY APPROVAL FOR MONGOLIAN GAS PRODUCTION LICENCE WWW.SMALLCAPS.COM.AU PUBLISHED:2026/04/28      6 MARKET ENTERING SHORT-TERM STABLE GROWTH WWW.MONTSAME.MN PUBLISHED:2026/04/28      7 BEAR ATTACKS LIVESTOCK, DESTROYS BEEHIVE IN SELENGE WWW.MONTSAME.MN PUBLISHED:2026/04/28      8 MONGOLIA HAS SUBMITTED A BID TO HOST THE 2038 ASIAN GAMES, COMPETING WITH SOUTH KOREA AND INDIA WWW.OPEN.KG PUBLISHED:2026/04/28      9 WHAT CAN WE, MONGOLIANS, LEARN FROM THE COUNTRY THAT PRODUCES 40% OF THE WORLD'S URANIUM? WWW.OPEN.KG PUBLISHED:2026/04/28      10 EXPERTS HIGHLY EVALUATE ECONOMIC COOPERATION BETWEEN MONGOLIA, CHINA, AND RUSSIA AT THE TRANSBAIKAL FORUM WWW.OPEN.KG PUBLISHED:2026/04/28      ГАДААД ХАРИЛЦААНЫ ЯАМНААС МЭДЭГДЭЛ ГАРГАВ WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/29     ЭНТОНИ БЛИНКЕНД ХҮРСЭН МОНГОЛ УЛСЫН 2021 ОНЫ ЕРӨНХИЙЛӨГЧИЙН СОНГУУЛИЙН ӨМНӨХ УЛС ТӨРИЙН НӨХЦӨЛ БАЙДЛААРХ ЗАХИДАЛД ЯМАР АГУУЛГУУД ТУСГАЖ БАЙВ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/29     Б.ДАВААДАЛАЙ: 1072 ХУВЬЦААНЫ НОГДОЛ АШГАА ӨВЛҮҮЛЖ ҮЛДЭЭХ БОЛОМЖТОЙ БОЛЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/29     ТАЗ: 2025 ОНД 13284 ХҮН ТӨРИЙН АЛБАНААС ГАРСАН WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/28     Г.ЭНХТАЙВАН: БАНКУУД ГАДНААС УРТ ХУГАЦААТАЙ ЭХ ҮҮСВЭР ТАТВАЛ МОНГОЛБАНК ДЭМЖИНЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/28     ЭНЭ ОНД 34 БАЙРШИЛД 410 ГАРААШ БУУЛГАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/28     МУИС-ИЙН ХУУЛЬ ЗҮЙН СУРГУУЛИЙН БАРИЛГА ИРЭХ ОНЫ ЭХЭНД БҮРЭН АШИГЛАЛТАД ОРНО WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/28     ЭКСПОРТЫН БООМТУУД ДЭЭРХ ГААЛИЙН БАЙЦААГЧ НАРЫГ УРТАСГАСАН ЦАГААР АЖИЛЛАХЫГ ҮҮРЭГ БОЛГОЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/28     НОГООН НУУР ОРЧИМД ХИЙМЭЛ НУУР, НОГООН БАЙГУУЛАМЖ БҮХИЙ ЦЭЦЭРЛЭГТ ХҮРЭЭЛЭН БАЙГУУЛНА ГЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/28     Л.ЭНХ-АМГАЛАН: БОЛОВСРОЛЫН ЯАМНЫ ТЕНДЕРИЙН ХАР ЖАГСААЛТЫГ ЗАРЛАНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/28    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Production sharing agreement signed for methane gas exploitation www.montsame.mn

Ulaanbaatar /MONTSAME/ Erdenes Mongol LLC’s subsidiary Erdenes Methane LLC and Australia’s Jade Methane LLC are working together on a project to estimate coal seam methane gas reserves and use the mineral as an energy resource. Since establishing an investment agreement for the project in May 2019, the sides have been exploring coal seam methane gas at Tavantolgoi coal deposits.

They drilled 500-900 m deep wells in eight locations and coal samples were tested for methane gas composition. On April 22, 2020, the Cabinet authorized Erdenes Methane to conclude a production sharing agreement for coal seam methane gas sites at Tavantolgoi coal deposits, making it possible to commence exploration, reserves estimation, and feasibility studies.

On May 6, Director of the Mineral Resources and Petroleum Authority Kh.Kherlen and Executive Director of Erdees Methane D.Amar signed a production-sharing agreement for the exploration and exploitation of coal seam methane gas at Tavantolgoi’s XXXIII exploration site, where methane gas has been detected. The exploration site has estimated coal reserves of over 100 billion tons. Erdenes Mongol CEO P.Gankhuu expressed his hope that the exploitation of the mineral will play an important role in the country’s economic growth and reduction of air pollution.

It was also noted that Jade Methane coped with the difficulties faced in the first phase of the project alone without burdening the country’s budget, and carried out methane gas exploration at Tavantolgoi coal deposits.

Erdenes Methan is the first state owned company to be allowed to establish a production sharing agreement.



Published Date:2020-05-11