Minister of Industry and Mineral Resources G.Damdinnyam has briefed Prime Minister of Mongolia N.Uchral on the outcomes of his recent official visits to the Russian Federation and the Republic of Kazakhstan, focusing on energy cooperation and fuel supply stability.

During the visit to Russia, Minister G.Damdinnyam held talks with senior officials responsible for the energy sector, including Russian Minister of Energy S.E.Tsivilev, Rosneft Director Igor Sechin, and Gazprom Neft Director A.Dyukov. He also delivered an official letter from Prime Minister N.Uchral to the Russian government and relevant authorities.

The discussions centered on addressing current fuel supply challenges and ensuring stable cooperation. As a result, both sides reached a preliminary agreement, with Russia expressing readiness to supply fuel at domestic market prices. The minister stated that this agreement will help stabilize fuel and petroleum prices, and no increase is expected in May.

In addition to the Russian talks, Mongolia also strengthened energy cooperation with Kazakhstan. The two sides signed a memorandum of understanding under which Kazakhstan has expressed its readiness to supply up to one million tons of crude oil annually to Mongolia. Officials view these agreements as an important step toward ensuring energy security and maintaining stable fuel supplies in the region.

Published Date:2026-04-27