Mongolia signed long term deal with Rosneft

The Chief of the Mineral Resources and Petroleum Authority – MRPA, D. Amarsaikhan, has signed long-term agreement with Rosneft LLC to import 40000 tons of diesel and 10000 tons of petroleum every month after paying visit to Russia with the Mongolian working group.

Just after reaching agreement with Rosneft, Mongolia has imported 5000 tons of petroleum from Russia to have enough supply during Naadam. The MRPA is also working on import from China and South Korea. During the recent shortage diesel was imported from TNK-BR LLC of Russia and China Oil LLC of China as an emergency measure.

Officials from the Ministry of Mineral Resources and Energy said the shortage was over before Naadam and all types of fuel have been freely available from July 8 with a market price.


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